JSW Energy share are down by -0.61%, Nifty up by 0.34%

JSW Energy Share Price Today on : At 04 Oct 11:08 today, JSW Energy shares are trading at price ₹704.5, -0.61% down from the previous closing price. Sensex is trading at ₹82781.51, up by 0.34%. The stock has hit a high of ₹715 and a low of ₹691 during the day.

On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 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 ₹716.97, ₹724.18, & ₹729.67, whereas it has key support levels at ₹704.27, ₹698.78, & ₹691.57.

Till 11 AM today, the volume traded on NSE & BSE for JSW Energy was -12.07% 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, Following a strong uptrend, the stock is indicating signs of a reversal..

From a fundamental analysis perspective, the company has a ROE of 8.73% .The current P/E of the stock is at 60.49 .

The median 1-year forecasted upside in this share is at 10.57% with a target price of ₹630.00.

The company has a 69.32% promoter holding, 0.68% MF holding, & 15.37% FII holding as per filings in the june quarter.

The MF holding has increased from 0.64% in march to 0.68% in the june quarter.

The FII holding has increased from 13.34% in march to 15.37% in the june quarter.

JSW Energy share price down -0.61% today to trade at ₹704.5 while its peers are mixed. Its peers such as Tata Power, Adani Energy Solutions are falling today, but its peers Adani Power, NHPC are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.34% & 0.34% each respectively.