NEW DELHI: Shares of BHEL plummeted 10 per cent in Tuesday's trade after foreign brokerage Citi downgraded the stock to 'sell' from 'neutral', citing the recent rally on the counter. The stock fell 9.51 per cent to hit a low of Rs 38.50 on BSE.
Herein, why BHEL stock is going down?
NEW DELHI: Shares of BHEL plummeted 10 per cent in Tuesday's trade after foreign brokerage Citi downgraded the stock to 'sell' from 'neutral', citing the recent rally on the counter. The stock fell 9.51 per cent to hit a low of Rs 38.50 on BSE.
Also Know, what is the future of BHEL share price? More on BHEL
| Live NSE Quotes | Dec 7, 2020 (Close) | |
|---|---|---|
| Price (Rs)34.95 | Open (Rs) 34.40 | Low (Rs) 34.25 |
| % Change2.04 | Volume 39,793,015 | 52-Week H/L 50.20 / 18.40 |
Also question is, is it good to invest in BHEL?
If you've been keeping an eye on BHEL, now may not be the most advantageous time to buy, given it is trading around its fair value. If you are no longer interested in Bharat Heavy Electricals, you can use our free platform to see my list of over 50 other stocks with a high growth potential.
Which shares are going down?
stocks to sell tomorrow intraday NSE. Stocks going DOWN tomorrow
| Company | Today's Movement |
|---|---|
| 20 Microns 20MICRONS Experts View | Bearish |
| Ashiana Housing ASHIANA Experts View | Bearish |
| Byke Hospitality BYKE Experts View | Bearish |
| Creative Peri CREATIVE Experts View | Bearish |
Related Question Answers
Is BHEL going to be Privatised?
Government of India today said that its list of public sector companies scheduled to be sold to private entities did not include Bharat Heavy Electricals Ltd. However, today, almost everything that BHEL makes is also made by private companies in India.Is BHEL a multibagger?
Manufacturing is one of the high growth sectors in India. The multibagger jackpot stock BHEL – Bharat Heavy Electricals is one of the largest engineering and manufacturing enterprise in India and contributing hugely to Indian economy and 'Make in India' campaign.Is BHEL a loss?
Synopsis. The consolidated net loss of the company was at Rs 218.93 crore in the quarter ended June 30, 2019, Bharat Heavy Electricals Limited (BHEL) said in a regulatory filing.Does BHEL give dividend?
Rs. 0.8000 per share(40%)Interim Dividend.Which share is best to buy now?
- Buy Bank of Baroda, target price Rs 74: LKP Securities.
- Buy Hindustan Unilever, target price Rs 2420: ICICI Securities.
- Buy Aarti Drugs, target price Rs 825: Axis Securities.
- Buy HDFC, target price Rs 2440: ICICI Securities.
- Buy ICICI Bank, target price Rs 600: Emkay Global.
Who is the owner of BHEL?
Government of India 63.17%Is BEL and BHEL are same?
This section compares the biggest one-week gains of Bharat Electronics Limited (BEL) and Bharat Heavy Electricals Limited (BHEL).Table1: 5 Biggest Weekly Gains of Bharat Electronics Limited (BEL)
| Week | Gains (%) |
|---|---|
| Week 40 - 2020 | 404.75% |
| Week 51 - 2018 | 298.77% |
| Week 52 - 2015 | 290.62% |
What is stop loss in share?
Definition: Stop-loss can be defined as an advance order to sell an asset when it reaches a particular price point. It is used to limit loss or gain in a trade. By placing a stop-loss order, the investor instructs the broker/agent to sell a security when it reaches a pre-set price limit.How can I join BHEL?
To appear in BHEL recruitment through GATE 2020, candidates should be Mechanical or Electrical Engineering aspirants and must appear in GATE 2020. Eligible candidates will be shortlisted based on the marks obtained in GATE. Candidates must note that only GATE 2020 scores will be considered for the recruitment process.Should I invest in Yes Bank?
The shares of Yes Bank have not gone up a great deal since the follow on public offer. The next 1-2 years would be important for the bank, though we feel that it is back on track. Investors who hold the stock for a period of 2-3 years, might see decent returns. At the moment it looks that the bank is out of the woods.Which stocks dropped most today?
Day Losers - US| Symbol | Name | % Change |
|---|---|---|
| SUMO | Sumo Logic, Inc. | -18.10% |
| RIDE | Lordstown Motors Corp. | -14.44% |
| ALLO | Allogene Therapeutics, Inc. | -13.64% |
| RAZFF | Razer Inc. | -11.76% |
Is it good time to buy stocks?
If you heed the wisdom of the great investors who have proven themselves over decades, there's no reason to decide whether now is a good or bad time to invest. For those willing to keep their capital in the game for the long haul, it's always a good time. Daniel Sparks has no position in any of the stocks mentioned.What goes up when the stock market crashes?
When the stock market goes down, volatility generally goes up, which could be a profitable bet for those willing to take risks. Though you can't invest in VIX directly, products have been developed to make it possible for you to profit from increased market volatility. One of the first was the VXX exchange-traded note.Will Yes bank survive?
The percentage of gross non-performing assets (NPA) stood at 16.30 per cent of total against 17.30 per cent a quarter ago. Net interest income (NII) plunged 9.70 per cent YoY to Rs 1,973 crore. Baliga thinks YES Bank is back on track, but the turnaround will take a bit more of time. “No fortunes will be made overnight.What is the lowest share price today?
BEST Low Price Shares to Buy in 2019| Name of the stock | Last Traded Price | Div Yld % |
|---|---|---|
| RACL Geartech | 61.8 | 0 |
| Hind.Hardy Spice | 91.2 | 0 |
| Autolite (I) | 72.8 | 0 |
| Starlite Comp. | 40.75 | 0 |
Will SBI share price go up tomorrow?
There's a good chance that this upwards movement will continue tomorrow as well.Munafa value: 65 as on 07 Mon Dec 2020.
| Strong resistance | 325 |
|---|---|
| Strong support | 256.85 |
| Strong support | 250 |
| Strong support | 236 |
| Strong support | 211 |
