At 16 Sep 11:13 today, Power Grid shares are trading at price ₹340.85, 1.11% up from the previous closing price. Sensex is trading at ₹82936.13, up by 0.05%. The stock has hit a high of ₹341.45 and a low of ₹336.55 during the day.
On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 334.10 |
10 | 333.39 |
20 | 335.05 |
50 | 339.43 |
100 | 326.29 |
300 | 290.49 |
Till 11 AM today, the volume traded on NSE & BSE for Power Grid Corporation Of India was -56.30% 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 18.30%
The company has a 51.34% promoter holding, 3.71% MF holding, & 28.73% FII holding as per filings in the june quarter.
The FII holding has decreased from 29.82% in march to 28.73% in the june quarter.
Power Grid Corporation Of India share price has gained 1.11% today to trade at ₹340.85 in resonance with its peers. Its peers such as
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