Power Grid share are down by -1.62%, Nifty down by -2.02%

Power Grid Share Price Today on : At 03 Oct 14:01 today, Power Grid shares are trading at price 345.15, -1.62% down from the previous closing price. Sensex is trading at 82543.8, down by -2.04%. The stock has hit a high of 349.8 and a low of 341.05 during the day.

On the technical front, the stock is trading above the 20,50,100,300 days SMA & lower than the 5,10 day SMA. The stock will have support at 20,50,100,300 days SMA & face resistance at 5,10 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 354.55, 358.3, & 360.6, whereas it has key support levels at 348.5, 346.2, & 342.45.

Overall, as per Mint technical analysis, The stock is showing initial signs of a trend reversal after a robust uptrend.

From a fundamental analysis perspective, the company has a ROE of 18.30% .The current P/E of the stock is at 20.79 .

The median 1-year forecasted upside in this share is at 5.55% with a target price of 326.00.

The company has a 51.34% promoter holding, 3.71% MF holding, & 28.73% FII holding as per filings in the june quarter.

The MF holding has increased from 3.57% in march to 3.71% in the june quarter.

The FII holding has decreased from 29.82% in march to 28.73% in the june quarter.

Power Grid share price down -1.62% today to trade at 345.15 while its peers are mixed. Its peers such as NTPC, Adani Green Energy, Adani Power, Tata Power are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -2.02% & -2.04% each respectively.

Spread the love
  • Aniket Pujari

    Aniket Pujari is a visionary entrepreneur and dedicated content creator who has made significant contributions to the digital media landscape. As the founder of Minute To Know News, he has established himself as a leading figure in the world of finance, cryptocurrencies, and Internet-related topics.

    Related Posts

    Pushpa 2 Box Office Collection Day 17: Allu Arjun film eyes ₹1500 crore mark, smoothly waves past Friday numbers

    Pushpa 2 Box Office Collection Day 17: Sukumar directorial movie is eyeing ₹1020 crore mark at the Indian box office. Pushpa 2 Box Office Collection Day 17: Allu Arjun film…

    Spread the love

    Drone warfare escalates: Two Russian airports disrupted after explosive night with Ukraine

    Russia’s Federal Air Transport Agency has imposed temporary landing and takeoff restrictions at Kazan International Airport and Gagarin Airport in Saratov after authorities alleged an attack by Ukrainian drones, ABC…

    Spread the love

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Pushpa 2 Box Office Collection Day 17: Allu Arjun film eyes ₹1500 crore mark, smoothly waves past Friday numbers

    Pushpa 2 Box Office Collection Day 17: Allu Arjun film eyes ₹1500 crore mark, smoothly waves past Friday numbers

    Drone warfare escalates: Two Russian airports disrupted after explosive night with Ukraine

    Drone warfare escalates: Two Russian airports disrupted after explosive night with Ukraine

    Odela 2 poster: Tamannaah Bhatia’s ‘Naga Sadhu’ look unveiled on her birthday, netizens hope for National Award

    Odela 2 poster: Tamannaah Bhatia’s ‘Naga Sadhu’ look unveiled on her birthday, netizens hope for National Award

    Bank of America likes Nvidia going into 2025

    Bank of America likes Nvidia going into 2025

    Bitcoin as national asset may generate $81 trillion

    Bitcoin as national asset may generate $81 trillion

    AI speeding development of humanoid robots, but investors skeptical

    AI speeding development of humanoid robots, but investors skeptical