Suzlon Share Price Today on 27-11-2024: At 27 Nov 11:22 today, Suzlon shares are trading at price ₹63.6, 0.08% up from the previous closing price. Sensex is trading at ₹80021.89, up by 0.02%. The stock has hit a high of ₹64.29 and a low of ₹62.75 during the day.
On the technical front, the stock is trading above the 5,10,300 days SMA & lower than the 20,50,100 day SMA. The stock will have support at 5,10,300 days SMA & face resistance at 20,50,100 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 61.83 |
| 10 | 61.41 |
| 20 | 64.83 |
| 50 | 72.45 |
| 100 | 69.56 |
| 300 | 57.19 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹64.37, ₹65.38, & ₹65.92, whereas it has key support levels at ₹62.82, ₹62.28, & ₹61.27.
Till 11 AM today, the volume traded on NSE & BSE for Suzlon was -76.02% 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, Initial signs of a trend reversal are evident following the recent downtrend..
From a fundamental analysis perspective, the company has a ROE of 26.31% & ROA of 10.40% respectively.The current P/E of the stock is at 89.86 & P/B is at 19.30.
The median 1-year forecasted upside in this share is at 19.50% with a target price of ₹76.00.
The company has a 0.00% promoter holding, 4.14% MF holding, & 22.82% FII holding as per filings in the september quarter.
The MF holding has increased from 3.82% in june to 4.14% in the september quarter.
The FII holding has increased from 20.63% in june to 22.82% in the september quarter.
Suzlon share price up 0.08% today to trade at ₹63.6 while its peers are mixed. Its peers such as Voltas, Thermax are falling today, but its peers Bharat Heavy Electricals, Blue Star are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.06% & 0.02% each respectively.
