SJVN Share Price Today on 08-11-2024: At 08 Nov 16:00 today, SJVN shares are trading at price ₹111.5, -3.17% down from the previous closing price. Sensex is trading at ₹79486.32, down by -0.07%. The stock has hit a high of ₹114.95 and a low of ₹110.9 during the day.
On the technical front, the stock is trading below 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 | 113.38 |
10 | 111.79 |
20 | 115.49 |
50 | 124.34 |
100 | 132.14 |
300 | 129.14 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹113.84, ₹116.17, & ₹117.37, whereas it has key support levels at ₹110.31, ₹109.11, & ₹106.78.
Till 4 PM today, the volume traded on NSE & BSE for SJVN was -94.78% 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, While the stock is displaying initial signs of bottoming out, investors are advised to await confirmation of a bullish short-term trend before considering a reversal..
From a fundamental analysis perspective, the company has a ROE of 6.53% & ROA of 2.58% respectively.The current P/E of the stock is at 46.02 & P/B is at 3.09.
The median 1-year forecasted upside in this share is at 16.59% with a target price of ₹93.00.
The company has a 0.00% promoter holding, 2.62% MF holding, & 2.39% FII holding as per filings in the september quarter.
The MF holding has increased from 2.37% in june to 2.62% in the september quarter.
The FII holding has decreased from 2.40% in june to 2.39% in the september quarter.
SJVN share price down -3.17% today to trade at ₹111.5 while its peers are mixed. Its peers such as Torrent Power, NHPC, NLC India, CESC are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.21% & -0.07% each respectively.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.