Reliance Power Share Price Today on 29-11-2024: Reliance Power share price are down by -2.2%, Nifty up by 0.82%
Reliance Power Share Price Today on 29 Nov 2024: On the last trading day, Reliance Power opened at ₹40.29 and closed at ₹39.10. The stock reached a high of ₹40.29 and a low of ₹38.30 during the day.
Reliance Power Share Price Today on 29-11-2024: At 29 Nov 11:02 today, Reliance Power shares are trading at price ₹39.1, -2.2% down from the previous closing price. Sensex is trading at ₹79790.12, up by 0.94%. The stock has hit a high of ₹40.29 and a low of ₹38.3 during the day.
On the technical front, the stock is trading above the 5,10,100,300 days SMA & lower than the 20,50 day SMA. The stock will have support at 5,10,100,300 days SMA & face resistance at 20,50 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 35.27 |
| 10 | 36.10 |
| 20 | 39.16 |
| 50 | 40.88 |
| 100 | 35.67 |
| 300 | 31.33 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹40.53, ₹41.05, & ₹42.07, whereas it has key support levels at ₹38.99, ₹37.97, & ₹37.45.
Reliance Power Share Price Today
Till 11 AM today, the volume traded on NSE & BSE for Reliance Power was -49.65% 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.
Overall, as per Mint technical analysis, The stock is currently experiencing a strong bullish trend.
From a fundamental analysis perspective, the company has a ROE of -19.32% & ROA of -4.86% respectively.The current P/E of the stock is at 13.76 & P/B is at 1.12.
The company has a 0.00% promoter holding, 0.10% MF holding, & 8.00% FII holding as per filings in the september quarter.
The MF holding has decreased from 0.22% in june to 0.10% in the september quarter.
The FII holding has increased from 7.59% in june to 8.00% in the september quarter.
Reliance Power share price down -2.2% today to trade at ₹39.1 while its peers are mixed. Its peers such as NLC India, Nava, Waaree Renewable Technologies are falling today, but its peers CESC are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.82% & 0.94% each respectively.
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