BEL stock price up 0.2 per cent as Sensex slides
Bharat Electronics Ltd. rose 0.2 per cent to Rs 128.95 at 11:06AM hours (IST) on Friday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 227,771 shares with a turnover of Rs 293.0 crore till 11:06AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 29.8, while the price-to-book value ratio stood at 5.14. Return on equity (ROE) was at 21.53 per cent, according to exchange data.
The stock hit an intraday high of Rs 129.6 and a low of Rs 128.05 during the session and quoted a 52-week high price of Rs 133.25 and a 52-week low of Rs 87.0. The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.44.Technical Indicators The 200-DMA (day moving average) of the stock stood at Rs 107.62 on August 18, while the 50-DMA was at Rs 125.48. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way. The Relative Strength Index (RSI) of the stood at 53.26.
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