IREDA Share Price Today on 28-11-2024: At 28 Nov 11:17 today, IREDA shares are trading at price ₹206.4, 4.69% up from the previous closing price. Sensex is trading at ₹79480.91, down by -0.94%. The stock has hit a high of ₹213.1 and a low of ₹200.55 during the day.
On the technical front, the stock is trading above the 5,10,20,300 days SMA & lower than the 50,100 day SMA. The stock will have support at 5,10,20,300 days SMA & face resistance at 50,100 days SMA
The SMA values for the stock are given below :
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹200.23, ₹203.26, & ₹208.63, whereas it has key support levels at ₹191.83, ₹186.46, & ₹183.43.
Till 11 AM today, the volume traded on NSE & BSE for IREDA was 100.03% higher 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.
From a fundamental analysis perspective, the company has a ROE of 17.28% & ROA of 2.22% respectively.The current P/E of the stock is at 35.82 & P/B is at 5.68.
The median 1-year forecasted upside in this share is at 5.52% with a target price of ₹195.00.
The company has a 0.00% promoter holding, 0.19% MF holding, & 2.02% FII holding as per filings in the september quarter.
The MF holding has decreased from 0.24% in june to 0.19% in the september quarter.
The FII holding has decreased from 2.70% in june to 2.02% in the september quarter.
IREDA share price up 4.69% today to trade at ₹206.4 while its peers are mixed. Its peers such as Tata Technologies, Piramal Pharma are falling today, but its peers null, JSW Infrastructure are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.59% & -0.94% each respectively.
