Havells India Share Price Today on 26-11-2024: At 26 Nov 11:22 today, Havells India shares are trading at price ₹1719.4, 0.62% up from the previous closing price. Sensex is trading at ₹80019.35, down by -0.11%. The stock has hit a high of ₹1722.7 and a low of ₹1687.4 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 | 1633.54 |
| 10 | 1635.27 |
| 20 | 1650.00 |
| 50 | 1831.54 |
| 100 | 1843.87 |
| 300 | 1720.45 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1731.02, ₹1748.18, & ₹1768.42, whereas it has key support levels at ₹1693.62, ₹1673.38, & ₹1656.22.
Till 11 AM today, the volume traded on NSE & BSE for Havells India was 124.45% 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 18.06% & ROA of 10.77% respectively.The current P/E of the stock is at 76.00 & P/B is at 13.74.
The median 1-year forecasted upside in this share is at 12.42% with a target price of ₹1933.00.
The company has a 0.00% promoter holding, 3.94% MF holding, & 24.76% FII holding as per filings in the september quarter.
The MF holding has increased from 3.81% in june to 3.94% in the september quarter.
The FII holding has decreased from 25.33% in june to 24.76% in the september quarter.
Havells India share price has gained 0.62% today to trade at ₹1719.4 in resonance with its peers. Its peers such as
