Suzlon Share Price Today on 06-11-2024: At 06 Nov 16:00 today, Suzlon shares are trading at price ₹69.31, 2.91% up from the previous closing price. Sensex is trading at ₹80378.13, up by 1.13%. The stock has hit a high of ₹69.85 and a low of ₹67.37 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 | 68.60 |
10 | 68.75 |
20 | 71.34 |
50 | 75.96 |
100 | 67.97 |
300 | 55.76 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹70.26, ₹71.27, & ₹72.69, whereas it has key support levels at ₹67.83, ₹66.41, & ₹65.4.
Till 4 PM today, the volume traded on NSE & BSE for Suzlon was -67.18% 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, Following a strong uptrend, the stock is indicating signs of a reversal..
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 95.23 & P/B is at 20.45.
The median 1-year forecasted upside in this share is at 11.10% 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 has gained 2.91% today to trade at ₹69.31 in resonance with its peers. Its peers such as
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