Bharat Electronics Falls 2.3% Despite IAF Mega Deal; Stock Closes at ₹280.50

4th April, 2025 / 3:30 PM

Bharat Electronics continued its downtrend at closing, with the share prices rounding off at ₹280.50, which is 2.29% lower than the opening price of ₹287.10. Incidentally, the opening price itself was lower than the closing price of ₹287.50 on 3rd April by 0.13%. The same downward spiral was seen when the stock touched ₹282.30 at midday, initially going up to ₹286.46 after a drop and then coming down to ₹280.56.

Thereafter, it fell slightly further to end at the closing figure. Interestingly, it closed higher than the opening price yesterday at ₹287.50, which was higher than the opening price of ₹283 for the day. The opening price for the 3rd was also higher than the closing price on 2nd April. So, after a heartening increase, the stock has witnessed a steep plunge despite its mega deal with the IAF, and it remains to be seen where it goes from here. 

4th April, 2025 / 12:30 PM

Bharat Electronics share prices have touched ₹282.30 at midday, plunging by 1.67% from the opening price of ₹287.10. This may be a continuation of downward movements for the stock after it opened slightly lower (by 0.13%) than the closing price yesterday. Even though there was news about a mega ₹593 crore deal with the IAF, the stock has not been able to sustain the momentum today as of now.

The stock initially went up to ₹286.46 after the initial plunge before dropping to a low of ₹280.56. It has since settled into a downward curve with a few highs along the way and has now touched the midday figure mentioned earlier. How the stock prices play out remains to be seen. 

4th April, 2025 / 9:30 AM

In a twist to the tale, Bharat Electronics share prices have opened at ₹287.10, which is 0.13% lower than the closing price of ₹287.50 yesterday (3rd April). Even more interestingly, this comes even as the stock closed higher than the opening price of ₹283 on the 3rd (by 1.59% more) and even this opening price was also 0.19% higher than the closing price on 2nd April (₹282.45 closing price). Incidentally, the stock had opened at ₹289.90 on 2nd April, which was 0.71% lower than 1st April’s closing price of ₹292. 

There were expectations regarding the stock sustaining its momentum, especially after the positive closing numbers driven majorly by the company’s ₹593 crore deal with IAF. Is this tailwind over and will prices plunge downwards? Only time tell! 

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