Sunday, November 10, 2024

SJVN Share Price Today on 30-10-2024: SJVN share price are up by 1.75%, Nifty down by -0.4%

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SJVN Share Price Today on 30-10-2024: At 30 Oct 14:00 today, SJVN shares are trading at price 113.2, 1.75% up from the previous closing price. Sensex is trading at 80002.43, down by -0.46%. The stock has hit a high of 114 and a low of 109.85 during the day.

On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 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 112.75, 114.02, & 116.39, whereas it has key support levels at 109.11, 106.74, & 105.47.

Till 2 PM today, the volume traded on NSE & BSE for SJVN was -94.28% 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 downtrend.

From a fundamental analysis perspective, the company has a ROE of 6.53% & ROA of 2.58% respectively.The current P/E of the stock is at 44.87 .

The median 1-year forecasted upside in this share is at 11.66% with a target price of 100.00.

The company has a 0.00% promoter holding, 2.62% MF holding, & 2.39% FII holding as per filings in the september quarter.

The MF holding has increased from 2.37% in june to 2.62% in the september quarter.

The FII holding has decreased from 2.40% in june to 2.39% in the september quarter.

SJVN share price up 1.75% today to trade at 113.2 while its peers are mixed. Its peers such as Torrent Power are falling today, but its peers NHPC, NLC India, CESC are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.4% & -0.46% each respectively.





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