Suzlon Share Price Today on 04-11-2024: Suzlon share price are down by -2.64%, Nifty down by -1.27%
Suzlon Share Price Today on 04-11-2024: On the last trading day, Suzlon's stock opened at ₹68.14 and closed at ₹66.34. The stock reached a high of ₹68.16 and a low of ₹65.22 during the day.
Suzlon Share Price Today on 04-11-2024: At 04 Nov 16:00 today, Suzlon shares are trading at price ₹66.34, -2.64% down from the previous closing price. Sensex is trading at ₹78782.24, down by -1.18%. The stock has hit a high of ₹68.16 and a low of ₹65.22 during the day.
On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 68.60 |
| 10 | 68.75 |
| 20 | 71.34 |
| 50 | 75.96 |
| 100 | 67.97 |
| 300 | 55.70 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹67.97, ₹69.62, & ₹71.01, whereas it has key support levels at ₹64.93, ₹63.54, & ₹61.89.
Suzlon Share Price Today
Till 4 PM today, the volume traded on NSE & BSE for Suzlon was -61.32% 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's continued downtrend suggests a bearish trend is underway..
From a fundamental analysis perspective, the company has a ROE of 26.31% & ROA of 10.40% respectively.The current P/E of the stock is at 94.64 & P/B is at 20.32.
The median 1-year forecasted upside in this share is at 16.07% with a target price of ₹77.00.
The company has a 0.00% promoter holding, 2.02% MF holding, & 22.82% FII holding as per filings in the september quarter.
The MF holding has decreased from 2.12% in june to 2.02% in the september quarter.
The FII holding has increased from 20.63% in june to 22.82% in the september quarter.
Suzlon share price down -2.64% today to trade at ₹66.34 while its peers are mixed. Its peers such as Bharat Heavy Electricals, Thermax, Blue Star are falling today, but its peers Voltas are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.27% & -1.18% each respectively.
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