BHEL Shows Strong Short-Term Gains Amid Broader Market Decline

Bharat Heavy Electricals Ltd. (BHEL) has shown notable activity today, gaining 3.1% as of March 4, 2025. The stock has outperformed its sector by 1.3%, marking a consecutive gain over the last two days with a total return of 6.88% during this period. Intraday, BHEL reached a high of Rs 191.25, reflecting a 3.13% increase, while it also experienced a low of Rs 180.8, down by 2.51%. In terms of moving averages, BHEL's current price is above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed short- to long-term trends. In the broader market context, the Sensex opened lower at 72,817.34, down 0.37%, and is currently trading at 72,950.84, reflecting a slight decline of 0.18%. The index is nearing its 52-week low and has experienced a bearish trend, losing 3.94% over the past three weeks. Despite these challenges, small-cap stocks are leading the market today, with the BSE Small Cap index gaining 1.23%.