Bharat Electronics share price gains 1.78% to ₹376.50 on November 2

Key Takeaways

• Bharat Electronics ended at ₹376.50, up 1.78%, after trading within a ₹9 range between ₹370 and ₹379.
• Volume reached 15,057,783 shares, while the close remained below the 50-day DMA of ₹385.60 and 200-day DMA of ₹401.40.
• The share remained only ₹21.50 above the rounded 52-week low of ₹355, with all four displayed return periods negative.

Bharat Electronics share price closed at ₹376.50 on November 2, rising 1.78% from the previous close of ₹370. The stock opened at ₹371, touched ₹370 at the low and climbed to ₹379 during the session. It finished ₹2.50 below the high and ₹6.50 above the low. Volume was substantial at 15,057,783 shares.

The day's range was only ₹9, making the 1.78% closing gain relatively concentrated within a narrow rupee band. The share closed ₹5.50 above its opening level and remained near the upper end of the session range.

Bharat Electronics was still below each of its displayed moving averages. The 50-day DMA was ₹385.60, a difference of ₹9.10 from the close. The 100-day DMA stood at ₹396.20, leaving the stock ₹19.70 lower. The 200-day DMA at ₹401.40 was ₹24.90 above the final price.

The 52-week low was rounded to ₹355, while the annual high stood at ₹473. At ₹376.50, the November 2 close was only ₹21.50 above the low and ₹96.50 below the high. That placed the stock much nearer the bottom of the annual range, consistent with the page's indication that a 52-week low had been recorded in late October.

Return figures were negative across every reported horizon. One-month return was -1.72%, followed by -2.93% over three months. The six-month return fell to -12.71%, while the one-year figure was -11.64%. The six-month number was the weakest of the four.

November 2 therefore delivered a positive 1.78% daily move and a close near the session high, but the broader numerical positioning remained below all three major DMAs and close to the 52-week low.