Jsw Steel Share Price Today on 26-11-2024: At 26 Nov 11:02 today, Jsw Steel shares are trading at price ₹960.3, 0.73% up from the previous closing price. Sensex is trading at ₹80082.48, down by -0.03%. The stock has hit a high of ₹963.5 and a low of ₹950.8 during the day.
On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at 10,20,50 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 951.39 |
| 10 | 961.55 |
| 20 | 964.75 |
| 50 | 978.78 |
| 100 | 949.82 |
| 300 | 903.25 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹974.38, ₹994.82, & ₹1009.18, whereas it has key support levels at ₹939.58, ₹925.22, & ₹904.78.
Till 11 AM today, the volume traded on NSE & BSE for Jsw Steel was 17.32% 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, Following a strong uptrend, the stock is indicating signs of a reversal..
From a fundamental analysis perspective, the company has a ROE of 12.29% & ROA of 4.09% respectively.The current P/E of the stock is at 46.63 & P/B is at 2.92.
The median 1-year forecasted upside in this share is at 2.78% with a target price of ₹987.00.
The company has a 0.00% promoter holding, 3.57% MF holding, & 10.65% FII holding as per filings in the september quarter.
The MF holding has decreased from 3.58% in june to 3.57% in the september quarter.
The FII holding has increased from 10.51% in june to 10.65% in the september quarter.
Jsw Steel share price has gained 0.73% today to trade at ₹960.3 in resonance with its peers. Its peers such as
