Power Grid Share Price Today on
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 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.