Suzlon Share Price Today on : Suzlon share are down by -1.53%, Nifty up by 0.07%

Suzlon Share Price Today on : At 10 Oct 16:00 today, Suzlon shares are trading at price ₹75.51, -1.53% down from the previous closing price. Sensex is trading at ₹81611.41, up by 0.18%. The stock has hit a high of ₹77.88 and a low of ₹74.64 during the day.

On the technical front, the stock is trading above the 5,100,300 days SMA & lower than the 10,20,50 day SMA. The stock will have support at 5,100,300 days SMA & face resistance at 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 ₹77.35, ₹79.23, & ₹80.57, whereas it has key support levels at ₹74.13, ₹72.79, & ₹70.91.

Till 4 PM today, the volume traded on NSE & BSE for Suzlon was -53.92% 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 26.31% .The current P/E of the stock is at 120.31 .

The median 1-year forecasted upside in this share is at 2.00% with a target price of ₹74.00.

The company has a 13.27% promoter holding, 2.12% MF holding, & 20.63% FII holding as per filings in the june quarter.

The MF holding has increased from 1.14% in march to 2.12% in the june quarter.

The FII holding has increased from 18.67% in march to 20.63% in the june quarter.

Suzlon share price down -1.53% today to trade at ₹75.51 while its peers are mixed. Its peers such as Voltas, Thermax, Aia Engineering are falling today, but its peers Blue Star are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.07% & 0.18% each respectively.