Reliance Power Share Price Today on 27-11-2024: At 27 Nov 11:06 today, Reliance Power shares are trading at price ₹37.74, 3.51% up from the previous closing price. Sensex is trading at ₹80059.89, up by 0.07%. The stock has hit a high of ₹37.74 and a low of ₹36.8 during the day.
On the technical front, the stock is trading above the 5,10,100,300 days SMA & lower than the 20,50 day SMA. The stock will have support at 5,10,100,300 days SMA & face resistance at 20,50 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 35.07 |
| 10 | 37.49 |
| 20 | 39.88 |
| 50 | 40.65 |
| 100 | 35.53 |
| 300 | 31.27 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹36.93, ₹37.55, & ₹38.79, whereas it has key support levels at ₹35.07, ₹33.83, & ₹33.21.
Till 11 AM today, the volume traded on NSE & BSE for Reliance Power was -72.75% lower 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 -19.32% & ROA of -4.86% respectively.The current P/E of the stock is at 12.49 & P/B is at 1.01.
The company has a 0.00% promoter holding, 0.10% MF holding, & 8.00% FII holding as per filings in the september quarter.
The MF holding has decreased from 0.22% in june to 0.10% in the september quarter.
The FII holding has increased from 7.59% in june to 8.00% in the september quarter.
Reliance Power share price has gained 3.51% today to trade at ₹37.74 in resonance with its peers. Its peers such as
