Adani Green Energy Share Price Today on 13-11-2024: At 13 Nov 13:00 today, Adani Green Energy shares are trading at price ₹1495.7, -1.69% down from the previous closing price. Sensex is trading at ₹78024.28, down by -0.83%. The stock has hit a high of ₹1540 and a low of ₹1489.15 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 ₹1555.77, ₹1590.88, & ₹1608.77, whereas it has key support levels at ₹1502.77, ₹1484.88, & ₹1449.77.
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 12.84% & ROA of 1.25% respectively.The current P/E of the stock is at 238.24 & P/B is at 22.83.
The median 1-year forecasted upside in this share is at 31.44% with a target price of ₹1966.00.
The company has a 0.00% promoter holding, 1.36% MF holding, & 15.16% FII holding as per filings in the september quarter.
The FII holding has decreased from 16.91% in june to 15.16% in the september quarter.
Adani Green Energy share price down -1.69% today to trade at ₹1495.7 while its peers are mixed. Its peers such as Power Grid Corporation Of India, Tata Power are falling today, but its peers NTPC, Adani Power are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.85% & -0.83% each respectively.