Adani Green Energy Share Price Today on 05-11-2024: At 05 Nov 16:00 today, Adani Green Energy shares are trading at price ₹1642.3, 1.95% up from the previous closing price. Sensex is trading at ₹79476.63, up by 0.88%. The stock has hit a high of ₹1654 and a low of ₹1593 during the day.
On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 1622.34 |
10 | 1654.17 |
20 | 1711.20 |
50 | 1829.99 |
100 | 1812.86 |
300 | 1815.39 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1668.73, ₹1692.37, & ₹1729.73, whereas it has key support levels at ₹1607.73, ₹1570.37, & ₹1546.73.
Till 4 PM today, the volume traded on NSE & BSE for Adani Green Energy was -52.91% 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.
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 12.84% & ROA of 1.25% respectively.The current P/E of the stock is at 251.97 & P/B is at 24.14.
The median 1-year forecasted upside in this share is at 19.71% with a target price of ₹1966.00.
The company has a 0.00% promoter holding, 1.36% MF holding, & 15.16% FII holding as per filings in the september quarter.
The FII holding has decreased from 16.91% in june to 15.16% in the september quarter.
Adani Green Energy share price has gained 1.95% today to trade at ₹1642.3 in resonance with its peers. Its peers such as
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