IREDA share are up by 6.42%, Nifty up by 0.88%

IREDA Share Price Today on 08-10-2024: On the last trading day, IREDA opened at 207.05 and closed at 224.60. The stock reached a high of 226 and a low of 206 during the session. Overall, it showed a positive performance with a notable increase in price.

Livemint
Published8 Oct 2024, 11:10 AM IST
IREDA Share Price Today Live Updates
IREDA Share Price Today Live Updates

IREDA Share Price Today on : At 08 Oct 16:00 today, IREDA shares are trading at price 224.6, 6.42% up from the previous closing price. Sensex is trading at 81634.81, up by 0.72%. The stock has hit a high of 226 and a low of 206 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 :

DaysSimple Moving Average
5228.64
10228.11
20228.87
50241.62
100220.99
300184.29

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 230.67, 237.14, & 249.47, whereas it has key support levels at 211.87, 199.54, & 193.07.

Till 4 PM today, the volume traded on NSE & BSE for IREDA was 34.42% 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.

From a fundamental analysis perspective, the company has a ROE of 17.28% .The current P/E of the stock is at 39.72 .

The median 1-year forecasted upside in this share is at 19.86% with a target price of 180.00.

The company has a 75.00% promoter holding, 0.18% MF holding, & 2.70% FII holding as per filings in the june quarter.

The MF holding has decreased from 0.40% in march to 0.18% in the june quarter.

The FII holding has increased from 1.36% in march to 2.70% in the june quarter.

IREDA share price up 6.42% today to trade at 224.6 while its peers are mixed. Its peers such as GO DIGIT GENERAL INSURANCE are falling today, but its peers null, JSW Infrastructure, Tata Technologies are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.88% & 0.72% each respectively.

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:8 Oct 2024, 11:10 AM IST
Business NewsMarketsIREDA share are up by 6.42%, Nifty up by 0.88%

Most Active Stocks

Tata Steel share price

139.40
01:25 PM | 13 NOV 2024
-4.75 (-3.3%)

Bharat Electronics share price

282.40
01:25 PM | 13 NOV 2024
-7.85 (-2.7%)

Tata Motors share price

787.15
01:25 PM | 13 NOV 2024
2.2 (0.28%)

Tata Power share price

403.70
01:25 PM | 13 NOV 2024
-10.55 (-2.55%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

Suzlon Energy share price

54.73
01:21 PM | 13 NOV 2024
-4.66 (-7.85%)

Rattanindia Enterprises share price

62.81
01:20 PM | 13 NOV 2024
-5.14 (-7.56%)

Hitachi Energy India share price

11,990.00
01:20 PM | 13 NOV 2024
-965.15 (-7.45%)

Aditya Birla Real Estate share price

2,523.05
01:21 PM | 13 NOV 2024
-189.55 (-6.99%)
More from Top Losers

KNR Constructions share price

306.65
01:20 PM | 13 NOV 2024
22.5 (7.92%)

Piramal Pharma share price

261.50
01:20 PM | 13 NOV 2024
10.95 (4.37%)

Suven Pharmaceuticals share price

1,247.10
01:20 PM | 13 NOV 2024
43.35 (3.6%)

Medplus Health Services share price

691.35
01:20 PM | 13 NOV 2024
15.7 (2.32%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    76,865.00-440.00
    Chennai
    76,871.00-440.00
    Delhi
    77,023.00-440.00
    Kolkata
    76,875.00-440.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    103.02/L0.10
    Chennai
    100.90/L0.10
    Kolkata
    104.95/L0.00
    New Delhi
    94.77/L0.00

    Popular in Markets

      HomeMarketsPremiumInstant LoanMint Shorts