At 17 Sep 11:21 today, Reliance Power shares are trading at price ₹31, -0.32% down from the previous closing price. Sensex is trading at ₹83078.99, up by 0.11%. The stock has hit a high of ₹31.88 and a low of ₹30.9 during the day.
On the technical front, the stock is trading above the 5,10,50,100,300 days SMA & lower than the 20 day SMA. The stock will have support at 5,10,50,100,300 days SMA & face resistance at 20 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 29.76 |
10 | 30.06 |
20 | 31.58 |
50 | 30.48 |
100 | 28.92 |
300 | 27.39 |
Till 11 AM today, the volume traded on NSE & BSE for Reliance Power was 69.13% 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.
From a fundamental analysis perspective, the company has a ROE of -19.32%
The company has a 23.24% promoter holding, 2.67% MF holding, & 7.59% FII holding as per filings in the june quarter.
The FII holding has decreased from 7.89% in march to 7.59% in the june quarter.
Reliance Power share price down -0.32% today to trade at ₹31 while its peers are mixed. Its peers such as Jaiprakash Power Ventures, Rattanindia Enterprises are falling today, but its peers Nava, Waaree Renewable Technologies are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.07% & 0.11% each respectively.
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