Suzlon Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Suzlon shares are trading at price ₹54.08, -8.94% down from the previous closing price. Sensex is trading at ₹77690.95, down by -1.25%. The stock has hit a high of ₹59.26 and a low of ₹53.46 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 | 66.47 |
10 | 67.53 |
20 | 69.40 |
50 | 74.82 |
100 | 68.84 |
300 | 56.35 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹61.72, ₹64.15, & ₹65.42, whereas it has key support levels at ₹58.02, ₹56.75, & ₹54.32.
Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.
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 83.95 & P/B is at 18.03.
The median 1-year forecasted upside in this share is at 42.38% 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 -8.94% today to trade at ₹54.08 while its peers are mixed. Its peers such as Bharat Heavy Electricals, Thermax, Voltas, Blue Star are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.36% & -1.25% each respectively.
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