IREDA Share Price Today on
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 | 231.01 |
10 | 231.58 |
20 | 240.68 |
50 | 249.13 |
100 | 213.96 |
300 | 176.00 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹231.36, ₹235.51, & ₹237.68, whereas it has key support levels at ₹225.04, ₹222.87, & ₹218.72.
Till 4 PM today, the volume traded on NSE & BSE for IREDA was 5.80% 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 median 1-year forecasted upside in this share is at 20.88% 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 down -0.11% today to trade at ₹227.5 while its peers are mixed. Its peers such as are falling today, but its peers null, Tips Films are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.16% & -0.16% each respectively.
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