IREDA Share Price Today on : IREDA share are down by -2.27%, Nifty down by -0.14%

IREDA Share Price Today on 11-10-2024: On the last trading day, IREDA opened at 238.1 and closed at 228.45. The stock reached a high of 239.95 and a low of 225.35 during the session.

Livemint
Published11 Oct 2024, 11:15 AM IST
IREDA Share Price Today Live Updates
IREDA Share Price Today Live Updates

IREDA Share Price Today on : At 11 Oct 16:00 today, IREDA shares are trading at price 228.45, -2.27% down from the previous closing price. Sensex is trading at 81381.36, down by -0.28%. The stock has hit a high of 239.95 and a low of 225.35 during the day.

On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days SMA

The SMA values for the stock are given below :

DaysSimple Moving Average
5222.39
10225.79
20227.91
50239.17
100222.55
300186.00

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 236.57, 243.38, & 246.87, whereas it has key support levels at 226.27, 222.78, & 215.97.

Till 4 PM today, the volume traded on NSE & BSE for IREDA was 90.65% 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 42.45 & P/B is at 6.73.

The median 1-year forecasted upside in this share is at 21.21% with a target price of 180.00.

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 -2.27% today to trade at 228.45 while its peers are mixed. Its peers such as Tata Technologies, GO DIGIT GENERAL INSURANCE are falling today, but its peers null, JSW Infrastructure are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.14% & -0.28% each respectively.

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Business NewsMarketsIREDA Share Price Today on : IREDA share are down by -2.27%, Nifty down by -0.14%
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