Ntpc Share Price Today on 29-11-2024: Ntpc share price are up by 0.22%, Nifty up by 0.83%


Ntpc Share Price Today on 29-11-2024: At 29 Nov 11:13 today, Ntpc shares are trading at price 362.7, 0.22% up from the previous closing price. Sensex is trading at 79732.88, up by 0.87%. The stock has hit a high of 365.2 and a low of 360.3 during the day.

On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 369.47, 376.78, & 381.72, whereas it has key support levels at 357.22, 352.28, & 344.97.

Till 11 AM today, the volume traded on NSE & BSE for Ntpc was 30.16% 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 currently experiencing a strong downtrend.

From a fundamental analysis perspective, the company has a ROE of 13.53% & ROA of 4.38% respectively.The current P/E of the stock is at 15.90 & P/B is at 2.09.

The median 1-year forecasted upside in this share is at 21.86% with a target price of 442.00.

The company has a 0.00% promoter holding, 17.46% MF holding, & 18.59% FII holding as per filings in the september quarter.

The MF holding has decreased from 17.94% in june to 17.46% in the september quarter.

The FII holding has increased from 17.67% in june to 18.59% in the september quarter.

Ntpc share price up 0.22% today to trade at 362.7 while its peers are mixed. Its peers such as Power Grid Corporation Of India, Adani Power, Tata Power are falling today, but its peers Adani Green Energy are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.83% & 0.87% each respectively.



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