CEAT Share Price Today on : CEAT share are down by -1%, Nifty down by -0.56%
CEAT Share Price Today on 31-10-2024: On the last trading day, CEAT opened at ₹2850 and closed at ₹2802.75. The stock reached a high of ₹2850 and a low of ₹2775.55 during the day.
CEAT Share Price Today on
On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at 10,20,50 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 2790.76 |
| 10 | 2860.95 |
| 20 | 2943.17 |
| 50 | 2918.94 |
| 100 | 2765.58 |
| 300 | 2679.39 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹2842.77, ₹2877.58, & ₹2910.87, whereas it has key support levels at ₹2774.67, ₹2741.38, & ₹2706.57.
CEAT Share Price Today
Till 4 PM today, the volume traded on NSE & BSE for CEAT was -27.08% 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, 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 13.32% with a target price of ₹3176.00.
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 -1% today to trade at ₹2802.75 while its peers are mixed. Its peers such as are falling today, but its peers Apollo Tyres, Bengal & Assam Company, JK Tyre & Industries, TVS Srichakra are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.56% & -0.69% each respectively.
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