Bharat Electronics Continues Midday Trend, Closing 6.61% Above Opening Price

07 April 2025
2 min read
Bharat Electronics Continues Midday Trend, Closing 6.61% Above Opening Price
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7th April, 2025 / 3:30 PM

Bharat Electronics share prices have seen an intriguing movement throughout the day, closing at 274, which is 6.61% more than the opening price of 257. Interestingly, the opening price itself was lower than the closing price of 280.50 on 4th April by a massive 8.37%, which led to major disappointment initially. The same pattern was observed on 4th April, when the stock opened 0.13% lower than the closing price on 3rd April. Of course, the deal with the IAF, estimated to be worth 593 crore, could well impact the stock going forward, along with other developments like the failure to meet the order inflow guidance.

7th April, 2025 / 12:30 PM

Bharat Electronics share prices have touched 268.10 at midday, which is about 4.31% more than today’s (7th April) opening price of 257. After a disappointing opening, where the price was around 8.37% lower than the closing price of 280.50 on 4th April, the share prices seem to have made up a little lost ground by this time. Broader defence sector challenges do pose a threat to share prices for the company, although the midday trends do look encouraging in terms of a possible future turnaround.

The prices did increase rapidly from opening, although the highest point was 270.54, with a slight drop to 263.51 in the initial hours of trading. They have now settled at the midday figure, showing a majorly downward trend although there has been a slight recovery from the disappointment of the opening. 

7th April, 2025 / 9:30 AM

Bharat Electronics share prices tanked by a huge 8.37% at opening today (7th April), touching 257 in comparison to the closing price of 280.50. The opening price of 287.10 on 4th April was also lower than the closing price of 287.50 on 3rd April by 0.13%. At the same time, the opening price for 3rd April was also higher than the closing price on 2nd April. 

Of course, the stock is in the news ever since it inked its mega deal of 593 crore with the Indian Air Force (IAF). However, it has not permeated into the stock market sentiments yet, with the stock opening lower than its closing price for the second straight day. The huge drop is not as per expectations and it remains to be seen how the price movements pan out by midday. 

 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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