Adani Green Energy Share Price Today on 29-11-2024: At 29 Nov 11:09 today, Adani Green Energy shares are trading at price ₹1204.05, 10.65% up from the previous closing price. Sensex is trading at ₹79781.99, up by 0.93%. The stock has hit a high of ₹1247.55 and a low of ₹1137.15 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 | 1095.52 |
10 | 1297.30 |
20 | 1464.88 |
50 | 1689.08 |
100 | 1752.57 |
300 | 1796.95 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1111.6, ₹1136.0, & ₹1184.8, whereas it has key support levels at ₹1038.4, ₹989.6, & ₹965.2.
Till 11 AM today, the volume traded on NSE & BSE for Adani Green Energy was 2461.53% 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 12.84% & ROA of 1.25% respectively.The current P/E of the stock is at 169.94 & P/B is at 16.28.
The median 1-year forecasted upside in this share is at 63.28% with a target price of ₹1966.00.
The company has a 0.00% promoter holding, 0.09% MF holding, & 15.16% FII holding as per filings in the september quarter.
The MF holding has decreased from 0.10% in june to 0.09% 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 10.65% today, currently at ₹1204.05, while its peers such as
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