At 13 Sep 11:17 today, Adani Power shares are trading at price ₹639.7, -1.79% down from the previous closing price. Sensex is trading at ₹82932.04, down by -0.04%. The stock has hit a high of ₹647.65 and a low of ₹638 during the day.
On the technical front, the stock is trading above the 5,300 days SMA & lower than the 10,20,50,100 day SMA. The stock will have support at 5,300 days SMA & face resistance at 10,20,50,100 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 635.69 |
10 | 644.38 |
20 | 662.79 |
50 | 690.06 |
100 | 678.43 |
300 | 605.88 |
Till 11 AM today, the volume traded on NSE & BSE for Adani Power was -54.55% 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 57.44%
The company has a 72.71% promoter holding, 0.01% MF holding, & 14.73% FII holding as per filings in the june quarter.
The FII holding has decreased from 15.91% in march to 14.73% in the june quarter.
Adani Power share price down -1.79% today to trade at ₹639.7 while its peers are mixed. Its peers such as Adani Green Energy are falling today, but its peers Power Grid Corporation Of India, Tata Power, JSW Energy are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.07% & -0.04% each respectively.
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