Suzlon Share Price Today on
On the technical front, the stock is trading above the 20,50,100,300 days SMA & lower than the 5,10 day SMA. The stock will have support at 20,50,100,300 days SMA & face resistance at 5,10 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 82.49 |
10 | 82.65 |
20 | 79.64 |
50 | 73.94 |
100 | 60.96 |
300 | 51.48 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹80.97, ₹82.27, & ₹83.0, whereas it has key support levels at ₹78.94, ₹78.21, & ₹76.91.
Overall, as per Mint technical analysis, The stock is showing initial signs of a trend reversal after a robust uptrend.
From a fundamental analysis perspective, the company has a ROE of 26.31%
The median 1-year forecasted upside in this share is at 7.19% with a target price of ₹74.00.
The company has a 13.27% promoter holding, 2.12% MF holding, & 20.63% FII holding as per filings in the june quarter.
The MF holding has increased from 1.14% in march to 2.12% in the june quarter.
The FII holding has increased from 18.67% in march to 20.63% in the june quarter.
Suzlon share price down -0.45% today to trade at ₹79.73 while its peers are mixed. Its peers such as are falling today, but its peers Bharat Heavy Electricals, Voltas, Thermax, Blue Star are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.05% & -0.04% 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.
MoreLess