At 16 Sep 11:20 today, Adani Ent shares are trading at price ₹3000, 1.06% up from the previous closing price. Sensex is trading at ₹82994.78, up by 0.13%. The stock has hit a high of ₹3025 and a low of ₹2972.1 during the day.
On the technical front, the stock is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The stock will have support at 5,10 days SMA & face resistance at 20,50,100,300 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 2969.57 |
10 | 2993.25 |
20 | 3034.27 |
50 | 3072.68 |
100 | 3103.41 |
300 | 3054.68 |
Till 11 AM today, the volume traded on NSE & BSE for Adani Enterprises was -23.45% lower 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.
From a fundamental analysis perspective, the company has a ROE of 8.98%
The company has a 74.72% promoter holding, 4.22% MF holding, & 11.73% FII holding as per filings in the june quarter.
The FII holding has decreased from 14.41% in march to 11.73% in the june quarter.
Adani Enterprises share price up 1.06% today to trade at ₹3000 while its peers are mixed. Its peers such as Chandra Prabhu International are falling today, but its peers Coal India, Sindhu Trade Links, Anmol India are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.14% & 0.13% each respectively.
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