Birlasoft Share Price Today on 30-10-2024: At 30 Oct 16:01 today, Birlasoft shares are trading at price ₹574.65, -1.43% down from the previous closing price. Sensex is trading at ₹79942.18, down by -0.53%. The stock has hit a high of ₹589.1 and a low of ₹574 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 :
Days | Simple Moving Average |
---|---|
5 | 578.61 |
10 | 587.09 |
20 | 587.37 |
50 | 614.61 |
100 | 644.61 |
300 | 689.00 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹584.62, ₹594.38, & ₹599.37, whereas it has key support levels at ₹569.87, ₹564.88, & ₹555.12.
Till 4 PM today, the volume traded on NSE & BSE for Birlasoft was -69.37% 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 22.71% & ROA of 17.54% respectively.The current P/E of the stock is at 26.44 & P/B is at 4.95.
The median 1-year forecasted upside in this share is at 15.55% with a target price of ₹664.00.
The company has a 0.00% promoter holding, 0.81% MF holding, & 11.71% FII holding as per filings in the september quarter.
The MF holding has increased from 0.79% in june to 0.81% in the september quarter.
The FII holding has decreased from 18.82% in june to 11.71% in the september quarter.
Birlasoft share price down -1.43% today to trade at ₹574.65 while its peers are mixed. Its peers such as are falling today, but its peers Newgen Software Technologies, Sonata Software, Zensar Technologies, Happiest Minds Technologies are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.51% & -0.53% each respectively.
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