Bharat Heavy Electricals Share Price Today on : At 03 Oct 12:00 today, Bharat Heavy Electricals shares are trading at price ₹271.95, -2.98% down from the previous closing price. Sensex is trading at ₹82970.64, down by -1.54%. The stock has hit a high of ₹278 and a low of ₹270.6 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹284.3, ₹288.15, & ₹290.8, whereas it has key support levels at ₹277.8, ₹275.15, & ₹271.3.

Till 12 AM today, the volume traded on NSE & BSE for Bharat Heavy Electricals was -8.42% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock remains in a downtrend, with no clear indications of a reversal at this time..

From a fundamental analysis perspective, the company has a ROE of 1.16% .

The median 1-year forecasted upside in this share is at 15.43% with a target price of ₹230.00.

The company has a 63.17% promoter holding, 8.96% MF holding, & 9.10% FII holding as per filings in the june quarter.

The MF holding has decreased from 9.55% in march to 8.96% in the june quarter.

The FII holding has increased from 8.76% in march to 9.10% in the june quarter.

Bharat Heavy Electricals share price down -2.98% today to trade at ₹271.95 while its peers are mixed. Its peers such as Suzlon Energy, Thermax, Blue Star are falling today, but its peers Voltas are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.52% & -1.54% each respectively.