IREDA Share Price Today on 29-10-2024: At 29 Oct 16:00 today, IREDA shares are trading at price ₹205.4, 3.24% up from the previous closing price. Sensex is trading at ₹80369.03, up by 0.45%. The stock has hit a high of ₹209.1 and a low of ₹197.45 during the day.
On the technical front, the stock is trading above the 5,300 days SMA & lower than the 10,20,50,100 day SMA. The stock will have support at 5,300 days SMA & face resistance at 10,20,50,100 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 200.28 |
10 | 210.08 |
20 | 218.65 |
50 | 229.94 |
100 | 227.03 |
300 | 192.65 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹210.81, ₹216.18, & ₹222.84, whereas it has key support levels at ₹198.78, ₹192.12, & ₹186.75.
Till 4 PM today, the volume traded on NSE & BSE for IREDA was -17.20% 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 36.14 & P/B is at 5.73.
The median 1-year forecasted upside in this share is at 5.06% 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 3.24% today to trade at ₹205.4 in resonance with its peers. Its peers such as
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