Adani Ent share are down by -0.4%, Nifty up by 0.15%

Adani Ent Share Price Today on : At 19 Sep 16:00 today, Adani Ent shares are trading at price ₹2942.35, -0.4% down from the previous closing price. Sensex is trading at ₹83184.8, up by 0.29%. The stock has hit a high of ₹2978.45 and a low of ₹2892 during the day.

On the technical front, the stock is trading below 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 ₹2981.45, ₹3020.8, & ₹3066.35, whereas it has key support levels at ₹2896.55, ₹2851.0, & ₹2811.65.

Till 4 PM today, the volume traded on NSE & BSE for Adani Ent was 32.29% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.

Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.

From a fundamental analysis perspective, the company has a ROE of 8.98% .The current P/E of the stock is at 84.90 .

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 down -0.4% today to trade at ₹2942.35 while its peers are mixed. Its peers such as Coal India, Anmol India are falling today, but its peers Sindhu Trade Links, Chandra Prabhu International are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.15% & 0.29% each respectively.