Bharat Electronics share prices have been keenly watched by analysts today, with the stock being in the news for its ₹2,210 crore with the Ministry of Defence (MoD) and other developments. It opened at ₹281, which was slightly lower than yesterday’s closing price by around 0.16%, although the share prices touched ₹281.15 by midday, which was 0.05% higher than the opening price for today. Shares initially fell to ₹276.93 before recovering to ₹281.62 and then settling at the midday numbers. The prices have now closed at ₹280.15, which is 0.30% lower than the opening price.
After opening at ₹281 today, Bharat Electronics share prices are trading at ₹281.15 by midday, indicating a slight growth of 0.05% over the former. The stock closed sluggishly yesterday, about 0.35% below the opening price of ₹282.45 for 8th April, and the trends continued today morning, when it opened 0.16% lower than the closing price. However, the midday trends may herald a slight recovery on the horizon (or not) for the stock, which has been in the news for its mega deal of ₹2,210 crore with the Ministry of Defence for supplying IAF choppers.
There was a sharp fall initially to ₹276.93 before prices recovered and rose upwards, touching a peak of ₹281.62 today before settling at the midday figures mentioned above. It remains to be seen how they perform by the closing today.
Bharat Electronics share prices have opened at ₹281 today, which is a marginal 0.16% lower than yesterday’s (8th April) closing price of ₹281.45. Interestingly, the sluggish trends have continued from yesterday, when the stock closed 0.35% below its opening price of ₹282.45. The latter was itself higher than the closing price on 7th April, while the opening price for the latter date was also lower than the closing price on 4th April.
Bharat Electronics has been in the news for its recent ₹2,210 crore deal for supplying helicopter kits to the Indian air force, under the aegis of the Ministry of Defence. This could impact stock prices going forward, and it is relatively stable in comparison to many other counterparts who have witnessed massive value erosion in recent times.
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