KEI Share Price Today on
On the technical front, the stock is trading above the 5,10,300 days SMA & lower than the 20,50,100 day SMA. The stock will have support at 5,10,300 days SMA & face resistance at 20,50,100 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 3901.35 |
10 | 4015.69 |
20 | 4205.04 |
50 | 4342.01 |
100 | 4365.55 |
300 | 3939.11 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹4150.97, ₹4232.88, & ₹4383.37, whereas it has key support levels at ₹3918.57, ₹3768.08, & ₹3686.17.
Till 4 PM today, the volume traded on NSE & BSE for KEI was 340.22% 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.
Overall, as per Mint technical analysis, The stock's continued downtrend suggests a bearish trend is underway..
From a fundamental analysis perspective, the company has a ROE of 20.25%
The median 1-year forecasted upside in this share is at 22.84% with a target price of ₹4980.00.
The company has a 0.00% promoter holding, 1.42% MF holding, & 31.11% FII holding as per filings in the september quarter.
The MF holding has decreased from 1.54% in june to 1.42% in the september quarter.
The FII holding has increased from 30.75% in june to 31.11% in the september quarter.
KEI share price up 4.74% today to trade at ₹4054.2 while its peers are mixed. Its peers such as Exide Industries are falling today, but its peers Apar Industries, Kaynes Technology India, Amara Raja Energy & Mobility are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.56% & -0.69% each respectively.
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