Suzlon Share Worth Right this moment on 06-11-2024: At 06 Nov 16:00 immediately, Suzlon shares are buying and selling at value ₹69.31, 2.91% up from the earlier closing value. Sensex is buying and selling at ₹80378.13, up by 1.13%. The inventory has hit a excessive of ₹69.85 and a low of ₹67.37 in the course of the day.
On the technical entrance, the inventory is buying and selling above the 5,10,100,300 days SMA & decrease than the 20,50 day SMA. The inventory may have help at 5,10,100,300 days SMA & face resistance at 20,50 days SMA
The SMA values for the inventory are given beneath :
The traditional pivot degree evaluation exhibits that on a day by day time-frame, the inventory has key resistances at ₹70.26, ₹71.27, & ₹72.69, whereas it has key help ranges at ₹67.83, ₹66.41, & ₹65.4.
Until 4 PM immediately, the amount traded on NSE & BSE for Suzlon was -67.18% decrease than the earlier buying and selling session. Quantity traded is a vital indicator together with value to check traits. Constructive value motion with increased quantity suggests a sustainable upmove, and unfavorable value motion with increased quantity is perhaps a sign of additional decline in costs.
General, as per Mint technical evaluation, Following a powerful uptrend, the inventory is indicating indicators of a reversal..
From a elementary evaluation perspective, the corporate has a ROE of 26.31% & ROA of 10.40% respectively.The present P/E of the inventory is at 95.23 & P/B is at 20.45.
The median 1-year forecasted upside on this share is at 11.10% with a goal value of ₹77.00.
The corporate has a 0.00% promoter holding, 2.02% MF holding, & 22.82% FII holding as per filings within the september quarter.
The MF holding has decreased from 2.12% in june to 2.02% within the september quarter.
The FII holding has elevated from 20.63% in june to 22.82% within the september quarter.
Suzlon share value has gained 2.91% immediately to commerce at ₹69.31 in resonance with its friends. Its friends comparable to
