IREDA, REC, BHEL, HUDCO and NALCO Share Price Trades Lower as Many PSU Companies Report Earnings

IREDA, REC, BHEL, HUDCO and NALCO Share Price Trades Lower as Many PSU Companies Report Earnings

IREDA, REC, BHEL, HUDCO and NALCO shares were trading lower today as many public sector companies will be reporting quarterly results. Investors are cautious ahead of results and as per reports, FIIs continued with their selling spree in Indian markets. NSE Nifty was slightly lower in today's session but the sentiment was surely negative. We might see stock specific action in the coming days. As market sentiment is cautious, any company reporting weak numbers could see a major selling in the markets.

Quick Recap on Public Sector Companies

TopNews team has compiled a list of public sector companies with higher trading volume. Some of these stocks have recently recovered from 52-week lows. The table presents detailed data for each stock, including market cap, price-to-earnings (P/E) ratio, and dividend yield.

Stock Open High Low Mkt Cap P/E Ratio Div Yield 52-wk High 52-wk Low
IREDA Rs 193.39 Rs 193.90 Rs 188.05 Rs 50.66KCr 33.03 - Rs 310.00 Rs 121.05
REC Rs 444.05 Rs 446.50 Rs 424.70 Rs 1.12LCr 7.51 4.00% Rs 654.00 Rs 402.00
BHEL Rs 211.10 Rs 211.10 Rs 204.09 Rs 71.35KCr 137.52 0.12% Rs 335.35 Rs 184.14
HUDCO Rs 209.69 Rs 210.49 Rs 204.64 Rs 41.15KCr 15.35 1.64% Rs 353.70 Rs 152.55
NALCO Rs 200.74 Rs 201.59 Rs 195.60 Rs 36.28KCr 11.70 4.05% Rs 262.99 Rs 130.25
Bharat Dynamics Rs 1213.00 Rs 1260.50 Rs 1195.25 Rs 44.27KCr 80.13 0.44% Rs 1794.70 Rs 776.05

Fibonacci Retracement Levels

Below are the Fibonacci levels for each stock, calculated from their 52-week high and low prices.

Fibonacci Levels for IREDA

Stock Fibonacci Level Price (Rs)
IREDA 0% (High) Rs 310.00
IREDA 23.6% Rs 265.41
IREDA 38.2% Rs 237.82
IREDA 50% Rs 215.53
IREDA 61.8% Rs 193.23
IREDA 100% (Low) Rs 121.05

Fibonacci Levels for REC

Stock Fibonacci Level Price (Rs)
REC 0% (High) Rs 654.00
REC 23.6% Rs 594.53
REC 38.2% Rs 557.74
REC 50% Rs 528.00
REC 61.8% Rs 498.26
REC 100% (Low) Rs 402.00

Fibonacci Levels for BHEL

Stock Fibonacci Level Price (Rs)
BHEL 0% (High) Rs 335.35
BHEL 23.6% Rs 299.66
BHEL 38.2% Rs 277.59
BHEL 50% Rs 259.75
BHEL 61.8% Rs 241.90
BHEL 100% (Low) Rs 184.14

Fibonacci Levels for HUDCO

Stock Fibonacci Level Price (Rs)
HUDCO 0% (High) Rs 353.70
HUDCO 23.6% Rs 306.23
HUDCO 38.2% Rs 276.86
HUDCO 50% Rs 253.12
HUDCO 61.8% Rs 229.39
HUDCO 100% (Low) Rs 152.55

Fibonacci Levels for NALCO

Stock Fibonacci Level Price (Rs)
NALCO 0% (High) Rs 262.99
NALCO 23.6% Rs 231.66
NALCO 38.2% Rs 212.28
NALCO 50% Rs 196.62
NALCO 61.8% Rs 180.96
NALCO 100% (Low) Rs 130.25
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