Hdfc Life Share Price Today on 07-11-2024: Hdfc Life share price are up by 0.4%, Nifty down by -1.16%
Hdfc Life Share Price Today on 07-11-2024: On the last trading day, HDFC Life opened at ₹711.55 and closed slightly higher at ₹711.65. The stock reached a high of ₹713.40 during the day and a low of ₹703.20. Overall, the stock demonstrated a modest increase, closing just 10 paise above its opening price.
Hdfc Life Share Price Today on 07-11-2024: At 07 Nov 16:01 today, Hdfc Life shares are trading at price ₹711.65, 0.4% up from the previous closing price. Sensex is trading at ₹79541.79, down by -1.04%. The stock has hit a high of ₹713.4 and a low of ₹703.2 during the day.
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 | 724.69 |
| 10 | 721.76 |
| 20 | 724.43 |
| 50 | 723.52 |
| 100 | 683.64 |
| 300 | 637.45 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹715.1, ₹719.35, & ₹725.3, whereas it has key support levels at ₹704.9, ₹698.95, & ₹694.7.
Hdfc Life Share Price Today
Till 4 PM today, the volume traded on NSE & BSE for Hdfc Life was -34.68% 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 11.38% & ROA of 0.57% respectively.The current P/E of the stock is at 90.04 & P/B is at 9.77.
The median 1-year forecasted upside in this share is at 12.56% with a target price of ₹801.00.
The company has a 0.00% promoter holding, 2.32% MF holding, & 25.62% FII holding as per filings in the september quarter.
The MF holding has increased from 1.65% in june to 2.32% in the september quarter.
The FII holding has decreased from 26.62% in june to 25.62% in the september quarter.
Hdfc Life share price has gained 0.4% today, currently at ₹711.65, while its peers such as
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