Bharat Heavy Electricals Ltd spurts 3.17%, rises for third straight session

Bharat Heavy Electricals Ltd rose for a third straight session today. The stock is quoting at Rs 261.85, up 3.17% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.07% on the day, quoting at 25239.9. The Sensex is at 82763.96, up 1.06%. Bharat Heavy Electricals Ltd has dropped around 0% in last one month.

Meanwhile, Nifty Energy index of which Bharat Heavy Electricals Ltd is a constituent, has dropped around 0.1% in last one month and is currently quoting at 35608.95, up 0.67% on the day. The volume in the stock stood at 82.6 lakh shares today, compared to the daily average of 88.39 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 262.6, up 3.49% on the day. Bharat Heavy Electricals Ltd is down 10.91% in last one year as compared to a 6.4% gain in NIFTY and a 10.95% gain in the Nifty Energy index.

The PE of the stock is 172.72 based on TTM earnings ending March 25.

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