Bharat Electronics Share Price Update: Market Movements and Insights
In the latest trading session, Bharat Electronics shares stirred up quite a buzz, closing at ₹292.15 on April 1, 2025. The stock experienced fluctuations during the day, peaking at ₹305.80 before dipping to a low of ₹290. With a market capitalization of approximately ₹213,555.19 crore, investors are keenly observing the company’s performance amidst a dynamic market landscape.
Current Trading Performance
As of April 2, 2025, Bharat Electronics shares have taken a hit, declining by 4.57% to ₹278.80. This drop follows the previous closing price of ₹292.15. Meanwhile, the BSE Sensex has shown resilience, climbing 0.30% to reach 76,248.96, reflecting a generally positive market atmosphere.
Key Support and Resistance Levels
Investors should stay alert to the pivotal support and resistance levels for Bharat Electronics:
- Daily Pivot Level: ₹285.25
- Resistance Levels:
- R1: ₹288.25
- R2: ₹293.50
- R3: ₹296.50
- Support Levels:
- S1: ₹280.00
- S2: ₹277.00
- S3: ₹271.75
These levels are crucial as they can provide insights into potential price movements throughout the trading day.
Stock Trends and Moving Averages
Recent analysis of Bharat Electronics’ moving averages reveals the following:
- 5-Day Simple Moving Average (SMA): ₹300.74
- 5-Day Exponential Moving Average (EMA): ₹296.98
- 10-Day SMA: ₹295.18
- 10-Day EMA: ₹294.18
- 20-Day SMA: ₹282.55
- 20-Day EMA: ₹286.97
- 50-Day SMA: ₹273.91
- 100-Day SMA: ₹284.20
- 200-Day SMA: ₹291.00
These trends indicate varying degrees of price momentum and may help investors identify potential buying or selling opportunities.
Yearly Performance Insights
Bharat Electronics has experienced notable volatility over the past year, with a 52-week high at ₹340.35 and a low at ₹198.95. This wide range signifies both risks and opportunities for investors looking to capitalize on stock price movements.
Conclusion
As Bharat Electronics navigates its way through the stock market, the fluctuations and key technical levels present critical data for investors. Keeping a close eye on market trends and the company’s performance will be essential for making informed investment decisions.
For ongoing updates and deeper insights into market trends, stay tuned to financial news sources and analysis platforms.