Stock of Interest

Posted On: July 13, 2023

Stock Report : BRNL (NSE) 12 Jul 2023

Bharat Road Network Limited (BRNL) is a road construction and transfer company based in Kolkata, West Bengal, India. Founded in 2006, the company specializes in the development and implementation of road and highway projects. BRNL operates under the BOT model, constructing and maintaining road infrastructure before transferring it back to the government. The company’s stock price on the NSE is ₹30.95, reflecting a slight increase of 0.16% on July 10th, 2023. BRNL has subsidiaries such as Shree Jagannath Expressways Private Limited and MORE, which contribute to its operations and growth. Headquartered in Kolkata, BRNL plays a significant role in India’s road infrastructure development.

xCalData predicts that BRNL will continue its bearish phase over the next five days and trend in the range of 31 to 29.

In comparison to the previous month, the price of the stock has experienced a increase of 1.64% and it suggests a bullish sentiment in the market.

No, the stock has not shown the seasonality trend in the past.  

However, reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 4 years and positive returns in 1 year in the past.

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Disclaimer: The securities quoted are for illustration only and are not recommendatory.