Adani Ent share are up by 1.6%, Nifty down by -0.05%

Adani Ent Share Price Today on : At 01 Oct 16:01 today, Adani Ent shares are trading at price ₹3184.8, 1.6% up from the previous closing price. Sensex is trading at ₹84266.29, down by -0.04%. The stock has hit a high of ₹3191.9 and a low of ₹3106.55 during the day.

On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹3214.7, ₹3244.4, & ₹3298.25, whereas it has key support levels at ₹3131.15, ₹3077.3, & ₹3047.6.

From a fundamental analysis perspective, the company has a ROE of 8.98% .The current P/E of the stock is at 90.06 .

The median 1-year forecasted upside in this share is at 32.82% with a target price of ₹4230.00.

The company has a 74.72% promoter holding, 4.22% MF holding, & 11.73% FII holding as per filings in the june quarter.

The MF holding has increased from 4.02% in march to 4.22% in the june quarter.

The FII holding has decreased from 14.41% in march to 11.73% in the june quarter.

Adani Ent share price up 1.6% today to trade at ₹3184.8 while its peers are mixed. Its peers such as Coal India, Sindhu Trade Links, Anmol India are falling today, but its peers Emergent Industrial Solutions are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.05% & -0.04% each respectively.