Jsw Steel Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Jsw Steel shares are trading at price ₹936.1, -2.17% down from the previous closing price. Sensex is trading at ₹77690.95, down by -1.25%. The stock has hit a high of ₹957 and a low of ₹928.2 during the day.
On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 990.10 |
10 | 976.51 |
20 | 977.08 |
50 | 975.91 |
100 | 947.63 |
300 | 897.63 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹977.28, ₹998.67, & ₹1009.53, whereas it has key support levels at ₹945.03, ₹934.17, & ₹912.78.
Overall, as per Mint technical analysis, The stock's continued downtrend suggests a bearish trend is underway..
From a fundamental analysis perspective, the company has a ROE of 12.29% & ROA of 4.09% respectively.The current P/E of the stock is at 46.83 & P/B is at 2.93.
The median 1-year forecasted upside in this share is at 5.44% with a target price of ₹987.00.
The company has a 0.00% promoter holding, 6.91% MF holding, & 10.65% FII holding as per filings in the september quarter.
The MF holding has increased from 6.86% in june to 6.91% in the september quarter.
The FII holding has increased from 10.51% in june to 10.65% in the september quarter.
Jsw Steel share price down -2.17% today to trade at ₹936.1 while its peers are mixed. Its peers such as Tata Steel, Jindal Steel & Power, Jindal Stainless, Lloyds Metals & Energy are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.36% & -1.25% each respectively.
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