Shares of Bharat Heavy Electricals Ltd (BHEL) are witnessing a downturn in Tuesday’s trading session. As of 11:44 AM IST on May 14th, the stock was trading at 235.44 INR, down by 2.94 INR or 1.23% for the day.
The engineering major’s stock opened the day at 239.69 INR. During the session, it reached an intraday high of 240.76 INR and touched a low of 234.51 INR. This movement comes after a previous closing price of 238.38 INR.
Despite today’s dip, BHEL’s stock has seen significant movement over the past year. The company’s shares have a 52-week high of 335.35 INR and a 52-week low of 176.00 INR, placing the current price well above its annual low point but off its peak.
Bharat Heavy Electricals Ltd currently commands a market capitalization of 82.02K Crore INR. The stock’s Price to Earnings (P/E) ratio is noted at 158.01, with a dividend yield of 0.11%. Investors are keeping a close eye on the stock’s performance amid the day’s volatility.
