Birlasoft Share Price Today on 26-11-2024: At 26 Nov 11:00 today, Birlasoft shares are trading at price ₹587.15, 3.12% up from the previous closing price. Sensex is trading at ₹80066.26, down by -0.05%. The stock has hit a high of ₹587.5 and a low of ₹570.15 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 :
| Days | Simple Moving Average |
|---|---|
| 5 | 553.15 |
| 10 | 559.02 |
| 20 | 563.01 |
| 50 | 589.88 |
| 100 | 625.68 |
| 300 | 671.77 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹573.08, ₹575.87, & ₹579.78, whereas it has key support levels at ₹566.38, ₹562.47, & ₹559.68.
Till 11 AM today, the volume traded on NSE & BSE for Birlasoft was 9.70% 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.
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 22.71% & ROA of 17.54% respectively.The current P/E of the stock is at 25.80 & P/B is at 4.83.
The median 1-year forecasted upside in this share is at 11.56% with a target price of ₹655.00.
The company has a 0.00% promoter holding, 22.54% MF holding, & 11.71% FII holding as per filings in the september quarter.
The MF holding has increased from 19.55% in june to 22.54% in the september quarter.
The FII holding has decreased from 18.82% in june to 11.71% in the september quarter.
Birlasoft share price has gained 3.12% today to trade at ₹587.15 in resonance with its peers. Its peers such as
