Bharat Heavy Electricals Ltd. Stock Declines by -3.73% on July 18, Rated as 'Sell' by MarketsMOJO.

Bharat Heavy Electricals ., a leading player in the electric equipment industry, has seen a decline in its stock price by -3.73% on July 18, 2024. This has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Sell'.

The stock has underperformed the sector by -0.31% on the same day. It has also been on a consecutive fall for the last 4 days, with a total decline of -7.61% during this period. The stock touched an intraday low of Rs 307, which is a decrease of -4.05%.

However, the stock is still performing well in the long term, with its moving averages higher than 50 day, 100 day, and 200 day moving averages. But it is currently lower than the 5 day and 20 day moving averages.

The electric equipment sector as a whole has also seen a decline of -4.42%, indicating a trend in the industry. In comparison, the 1 day performance of Bharat Heavy Electricals Ltd. is -4.08%, while the Sensex has only seen a decline of -0.05%.

In the past month, Bharat Heavy Electricals Ltd. has seen a slight increase of 0.47%, while the Sensex has performed better with a growth of 4.37%. This shows that the company's stock may not be performing as well as its competitors in the short term, but it has potential for growth in the long term.