Business Business: Today 29 November 11:00 am, JSW INFRASTRUCTURE shares are trading at ₹ 310, down -0.05% from previous close price. Sensex is trading at ₹ 79807.97, up 0.97%. The stock has touched a high of ₹ 313.9 and a low of ₹ 308.4 during the day.
On the technical front, the stock is trading above the 5,10,20,300 day SMA and below the 50,100 day SMA. The stock will find support at 5,10,20,300 day SMA and face resistance at 50,100 day SMA. The SMA values for the stock are given below:
Day Simple Moving Average
5 302.61
10 300.21
20 305.91
50 317.43
100 319.60
300 286.65
Classic pivot level analysis shows that on the daily time frame, the stock has major resistances at ₹313.93, ₹317.82, and ₹320.08, while it has major support levels at ₹307.78, ₹305.52, and ₹301.63.
JSW INFRASTRUCTURE Share Price Today
From a fundamental analysis point of view, the company has a ROE of 19.23% and ROA of 9.97% respectively. The current P/E of the stock is at 52.07 and P/B at 7.55.
The average 1-year forecasted upside in this stock is 9.03% with a target price of ₹338.00.
The company has 0.00% promoter holding, 1.81% MF holding and 4.20% FII holding as per September quarter filings.
MF holding has decreased from 1.95% in June to 1.81% in the September quarter.
FII holding has increased from 4.15% in June to 4.20% in the September quarter.
JSW Infrastructure share price fell -0.05% to ₹310 today while its peers were mixed. Its peers like Mankind Pharma, Indian Renewable Energy Development Agency are declining today but its peers Zero, Tata Technologies are up. Overall, benchmark indices Nifty and Sensex have gained 0.71% and 0.97%, respectively. JSW Infrastructure share price has declined -0.05%
