CEAT Share Price Today on
On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 2939.28 |
10 | 2971.83 |
20 | 3030.96 |
50 | 2902.75 |
100 | 2739.48 |
300 | 2667.71 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹2881.23, ₹2939.77, & ₹2974.88, whereas it has key support levels at ₹2787.58, ₹2752.47, & ₹2693.93.
Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal..
From a fundamental analysis perspective, the company has a ROE of 17.18%
The median 1-year forecasted upside in this share is at 7.25% with a target price of ₹3036.00.
The company has a 0.00% promoter holding, 4.48% MF holding, & 16.64% FII holding as per filings in the september quarter.
The MF holding has increased from 4.15% in june to 4.48% in the september quarter.
The FII holding has decreased from 18.75% in june to 16.64% in the september quarter.
CEAT share price down -2.67% today to trade at ₹2830.9 while its peers are mixed. Its peers such as MRF, Apollo Tyres, JK Tyre & Industries are falling today, but its peers Bengal & Assam Company are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.15% & -0.17% each respectively.
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