Reliance Power Share Price Today on 28-11-2024: At 28 Nov 11:26 today, Reliance Power shares are trading at price ₹39.7, 3.71% up from the previous closing price. Sensex is trading at ₹79468.44, down by -0.95%. The stock has hit a high of ₹40.19 and a low of ₹38.28 during the day.
On the technical front, the stock is trading above the 5,10,20,100,300 days SMA & lower than the 50 day SMA. The stock will have support at 5,10,20,100,300 days SMA & face resistance at 50 days SMA
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 ₹38.83, ₹39.53, & ₹40.95, whereas it has key support levels at ₹36.71, ₹35.29, & ₹34.59.
Till 11 AM today, the volume traded on NSE & BSE for Reliance Power was -7.68% 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, The stock is currently experiencing a strong bullish trend.
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 13.12 & P/B is at 1.06.
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 3.71% today to trade at ₹39.7 in resonance with its peers. Its peers such as
