SJVN Share Price Today on 25-11-2024: At 25 Nov 11:00 today, SJVN shares are trading at price ₹111.1, 3.25% up from the previous closing price. Sensex is trading at ₹80347.12, up by 1.55%. The stock has hit a high of ₹112.8 and a low of ₹109.8 during the day.
On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at 50,100,300 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 ₹110.07, ₹112.83, & ₹115.37, whereas it has key support levels at ₹104.77, ₹102.23, & ₹99.47.
Till 11 AM today, the volume traded on NSE & BSE for SJVN was -89.25% 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 is indicating a trend reversal after a strong downtrend..
From a fundamental analysis perspective, the company has a ROE of 6.53% & ROA of 2.58% respectively.The current P/E of the stock is at 43.05 & P/B is at 2.89.
The median 1-year forecasted upside in this share is at 16.29% with a target price of ₹93.00.
The company has a 0.00% promoter holding, 1.54% MF holding, & 2.39% FII holding as per filings in the september quarter.
The MF holding has decreased from 1.56% in june to 1.54% in the september quarter.
The FII holding has decreased from 2.40% in june to 2.39% in the september quarter.
SJVN share price has gained 3.25% today to trade at ₹111.1 in resonance with its peers. Its peers such as