Stock of Interest

Posted On: August 28, 2023

Stock Report: BHARATGEAR(NSE) 25 Aug 2023 

Bharat Gears Ltd is primarily engaged in the automotive gears business. The company offers a wide range of gear products such as ring gears and pinions, transmission gears and shafts, differential gears, gearboxes and heat treatment furnaces. The company primarily caters to the commercial vehicle, agricultural machinery, and construction equipment segments. It has a leading presence in India and exports portions of its production to North American, European markets.

#xCalData predicts that # BHARATGEAR will continue its bearish phase over the next five days and trend within the range of 118 to 126. 

In comparison to the previous month, the price of the stock has experienced a decline of 5.47% indicating a bearish.

The Stock has doubled twice since 07 Jan 2015 and took an average of 3.8 years to double. 

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past.

Majority of the technical ratios trend towards Bearish side of the spectrum. 

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData