Havells India Share Price Today on
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 | 1801.91 |
10 | 1869.92 |
20 | 1926.46 |
50 | 1922.59 |
100 | 1885.98 |
300 | 1693.85 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1723.27, ₹1754.53, & ₹1777.37, whereas it has key support levels at ₹1669.17, ₹1646.33, & ₹1615.07.
Till 4 PM today, the volume traded on NSE & BSE for Havells India was 8.80% 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 18.06%
The median 1-year forecasted upside in this share is at 14.89% with a target price of ₹1944.00.
The company has a 0.00% promoter holding, 4.32% MF holding, & 24.76% FII holding as per filings in the september quarter.
The MF holding has increased from 4.13% in june to 4.32% in the september quarter.
The FII holding has decreased from 25.33% in june to 24.76% in the september quarter.
Havells India share price down -1.86% today to trade at ₹1692 while its peers are mixed. Its peers such as Bharat Forge, Schaeffler India, Sundram Fasteners are falling today, but its peers Timken India are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.9% & -0.83% each respectively.
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