KEI Share Price Today on 04-11-2024: At 04 Nov 16:00 today, KEI shares are trading at price ₹4053.45, -0.1% down from the previous closing price. Sensex is trading at ₹78782.24, down by -1.18%. The stock has hit a high of ₹4065 and a low of ₹3930.35 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 :
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹4106.63, ₹4156.37, & ₹4243.38, whereas it has key support levels at ₹3969.88, ₹3882.87, & ₹3833.13.
Till 4 PM today, the volume traded on NSE & BSE for KEI was 151.52% 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, Initial signs of a trend reversal are evident following the recent downtrend..
From a fundamental analysis perspective, the company has a ROE of 20.25% & ROA of 13.79% respectively.The current P/E of the stock is at 58.67 & P/B is at 10.57.
The median 1-year forecasted upside in this share is at 23.18% with a target price of ₹4993.00.
The company has a 0.00% promoter holding, 1.42% MF holding, & 31.11% FII holding as per filings in the september quarter.
The MF holding has decreased from 1.54% in june to 1.42% in the september quarter.
The FII holding has increased from 30.75% in june to 31.11% in the september quarter.
KEI share price down -0.1% today to trade at ₹4053.45 while its peers are mixed. Its peers such as Apar Industries, Exide Industries, Kaynes Technology India, Amara Raja Energy & Mobility are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.27% & -1.18% each respectively.