IREDA Share Price Today on 07-11-2024: At 07 Nov 16:00 today, IREDA shares are trading at price ₹206.05, -1.79% down from the previous closing price. Sensex is trading at ₹79541.79, down by -1.04%. The stock has hit a high of ₹211.4 and a low of ₹205.05 during the day.
On the technical front, the stock is trading above the 10,300 days SMA & lower than the 5,20,50,100 day SMA. The stock will have support at 10,300 days SMA & face resistance at 5,20,50,100 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 208.56 |
10 | 203.30 |
20 | 213.03 |
50 | 225.95 |
100 | 228.62 |
300 | 195.85 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹209.75, ₹213.46, & ₹215.33, whereas it has key support levels at ₹204.17, ₹202.3, & ₹198.59.
Till 4 PM today, the volume traded on NSE & BSE for IREDA was -53.51% 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 38.13 & P/B is at 6.04.
The median 1-year forecasted upside in this share is at 5.36% 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 down -1.79% today to trade at ₹206.05 while its peers are mixed. Its peers such as JSW Infrastructure, Tata Technologies, Piramal Pharma are falling today, but its peers null are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.16% & -1.04% each respectively.
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