At 16 Sep 11:11 today, Reliance Industries shares are trading at price ₹2940, -0.15% down from the previous closing price. Sensex is trading at ₹82926.86, up by 0.04%. The stock has hit a high of ₹2961.6 and a low of ₹2939 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 | 2931.00 |
10 | 2965.42 |
20 | 2984.87 |
50 | 3017.95 |
100 | 2967.33 |
300 | 2859.94 |
Till 11 AM today, the volume traded on NSE & BSE for Reliance Industries was 9.54% 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 9.23%
The company has a 50.33% promoter holding, 8.37% MF holding, & 21.59% FII holding as per filings in the june quarter.
The FII holding has decreased from 21.90% in march to 21.59% in the june quarter.
Reliance Industries share price down -0.15% today to trade at ₹2940 while its peers are mixed. Its peers such as Oil India, Hindustan Petroleum Corporation are falling today, but its peers Oil & Natural Gas Corporation, Petronet LNG are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.17% & 0.04% each respectively.
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