IREDA Share Price Today on 06-11-2024: At 06 Nov 16:00 today, IREDA shares are trading at price ₹209.8, 2.54% up from the previous closing price. Sensex is trading at ₹80378.13, up by 1.13%. The stock has hit a high of ₹211.75 and a low of ₹204.3 during the day.
On the technical front, the stock is trading above the 5,10,300 days SMA & lower than the 20,50,100 day SMA. The stock will have support at 5,10,300 days SMA & face resistance at 20,50,100 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 207.30 |
10 | 203.79 |
20 | 213.32 |
50 | 226.62 |
100 | 228.37 |
300 | 195.32 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹212.47, ₹215.08, & ₹218.42, whereas it has key support levels at ₹206.52, ₹203.18, & ₹200.57.
Till 4 PM today, the volume traded on NSE & BSE for IREDA was -49.34% 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.
From a fundamental analysis perspective, the company has a ROE of 17.28% & ROA of 2.22% respectively.The current P/E of the stock is at 37.20 & P/B is at 5.90.
The median 1-year forecasted upside in this share is at 7.05% with a target price of ₹195.00.
The company has a 0.00% promoter holding, 0.16% MF holding, & 2.02% FII holding as per filings in the september quarter.
The MF holding has decreased from 0.18% in june to 0.16% in the september quarter.
The FII holding has decreased from 2.70% in june to 2.02% in the september quarter.
IREDA share price has gained 2.54% today to trade at ₹209.8 in resonance with its peers. Its peers such as
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