Bharat Heavy Electricals Ltd spurts 4.88%, up for five straight sessions

Bharat Heavy Electricals Ltd rose for a fifth straight session today. The stock is quoting at Rs 449.95, up 4.88% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.73% on the day, quoting at 22719.35. The Sensex is at 72949.44, up 0.78%. Bharat Heavy Electricals Ltd has added around 6.76% in last one month.

Meanwhile, Nifty Energy index of which Bharat Heavy Electricals Ltd is a constituent, has added around 2.78% in last one month and is currently quoting at 36594.65, up 0.88% on the day. The volume in the stock stood at 147.2 lakh shares today, compared to the daily average of 67.81 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 452.65, up 5.29% on the day. Bharat Heavy Electricals Ltd is up 83.76% in last one year as compared to a 9.51% fall in NIFTY and a 4.08% fall in the Nifty Energy index.

The PE of the stock is 61.7 based on TTM earnings ending June 26.

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