Bharat Heavy Electricals . sees significant stock price increase on October 28, 2024
On October 28, 2024, Bharat Heavy Electricals . saw a 9.98% increase in its stock price, outperforming the sector by 10.48%. The stock's performance has been higher than the 5-day moving average, but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. It has also outperformed the Sensex by a significant margin. However, MarketsMojo has given it a 'Strong Sell' call, advising caution in investment decisions.
Bharat Heavy Electricals ., a leading player in the electric equipment industry, has seen a significant increase in its stock price on October 28, 2024. The stock has gained 9.98%, outperforming the sector by 10.48%. The stock reached an intraday high of Rs 238.6, showing a high volatility of 8.85% throughout the day.
The stock's performance has been higher than the 5-day moving average, but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. This indicates that while the stock has shown a positive trend in the short term, it has not been able to sustain it in the long term.
In comparison to the overall market performance, Bharat Heavy Electricals . has outperformed the Sensex by a significant margin. The stock's 1-day performance is 6.20% compared to the Sensex's 0.99%, and its 1-month performance is -19.90% while the Sensex has seen a decline of -6.29%.
It is important to note that this information is based on facts and figures and does not include any external data or sources. The stock has been given a 'Strong Sell' call by MarketsMOJO, indicating that investors should exercise caution while making any investment decisions. As a largecap company, Bharat Heavy Electricals . has a strong presence in the electric equipment industry, but it is always advisable to do thorough research and analysis before making any investment.
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