Bharat Heavy Electricals Ltd. Experiences Revision in Stock Score Amid Market Challenges

Bharat Heavy Electricals Ltd. (BHEL), a prominent player in the electric equipment industry, has recently experienced a revision in its score by MarketsMOJO. The stock has faced a challenging period, with a notable decline of -4.39% on January 6, 2025. This downturn is part of a broader trend, as BHEL has underperformed its sector, which itself has seen a decrease of -2.62%.
Over the past three days, BHEL has recorded a consecutive fall, resulting in a total decline of -5.57%. The stock's performance today was particularly concerning, as it touched an intraday low of Rs 220.2, reflecting a drop of -4.3%. Additionally, BHEL is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained period of underperformance.

In the context of the broader market, BHEL's one-day performance of -4.48% contrasts sharply with the Sensex's decline of only -1.70%. Furthermore, over the past month, BHEL has seen a significant drop of -11.73%, while the Sensex has decreased by -4.69%. This adjustment in evaluation highlights the ongoing challenges faced by Bharat Heavy Electricals in the current market landscape.