BHEL Experiences Intraday Rebound Amid Ongoing Volatility and Long-Term Bearish Trends

Jan 29 2025 09:35 AM IST
share
Share Via
Bharat Heavy Electricals Ltd. (BHEL) experienced a notable uptick on January 29, 2025, following a three-day decline. Despite this rebound, the stock has struggled over the past month, significantly underperforming the Sensex and reaching a new 52-week low, indicating ongoing market volatility and a bearish trend.
Bharat Heavy Electricals Ltd. (BHEL), a prominent player in the electric equipment industry, has shown notable activity today, gaining 3.25% on January 29, 2025. This uptick comes after a three-day streak of declines, indicating a potential trend reversal. The stock reached an intraday high of Rs 196.1, reflecting a 4.53% increase during the trading session.

Despite today's performance, BHEL has faced challenges over the past month, with a decline of 17.18%, significantly underperforming the Sensex, which fell by 3.28%. Additionally, the stock hit a new 52-week low of Rs 185.2 today, highlighting ongoing volatility in its trading patterns. The intraday volatility was recorded at 5.51%, suggesting significant price fluctuations.

In terms of moving averages, BHEL is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend in the longer term. Overall, while today's performance shows a rebound, the stock's recent history reflects a challenging environment within the market.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News