IREDA share are down by -4.83%, Nifty down by -0.87%

IREDA Share Price Today on : At 07 Oct 16:00 today, IREDA shares are trading at price ₹211.05, -4.83% down from the previous closing price. Sensex is trading at ₹81050, down by -0.78%. The stock has hit a high of ₹225.5 and a low of ₹209.85 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 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 ₹220.95, ₹231.07, & ₹236.54, whereas it has key support levels at ₹205.36, ₹199.89, & ₹189.77.

Till 4 PM today, the volume traded on NSE & BSE for IREDA was 12.22% 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.

The median 1-year forecasted upside in this share is at 14.71% with a target price of ₹180.00.

The company has a 75.00% promoter holding, 0.18% MF holding, & 2.70% FII holding as per filings in the june quarter.

The MF holding has decreased from 0.40% in march to 0.18% in the june quarter.

The FII holding has increased from 1.36% in march to 2.70% in the june quarter.

IREDA share price down -4.83% today to trade at ₹211.05 while its peers are mixed. Its peers such as JSW Infrastructure, Tata Technologies are falling today, but its peers null, GO DIGIT GENERAL INSURANCE are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.87% & -0.78% each respectively.