SJVN shares are not performing well today. As of 11:25 AM, the share price is ₹110.85, which is a decrease of -3.61% from the previous closing price. The Sensex is also down by -1.59%, currently trading at ₹78459.29.
In terms of technical analysis, SJVN stock is trading below the short-term moving averages of 5, 10, and 20 days, as well as the longer-term moving averages of 50, 100, and 300 days. This indicates a bearish trend in the stock price.
The stock has hit a high of ₹115.2 and a low of ₹110.7 so far today. Key resistance levels for the stock are at ₹114.1, ₹114.87, and ₹115.89, while key support levels are at ₹112.31, ₹111.29, and ₹110.52.
In terms of trading volume, SJVN has seen a decrease of -95.81% compared to the previous trading session on both NSE and BSE. Low volume along with a decrease in price can indicate a potential further decline in prices.
From a fundamental analysis standpoint, SJVN has a Return on Equity (ROE) of 6.53% and a Price-to-Earnings (P/E) ratio of 45.73. The median 1-year forecasted upside for the stock is 9.79% with a target price of ₹100.00.
In terms of shareholding, the company has 0.00% promoter holding, 2.62% Mutual Fund (MF) holding, and 2.39% Foreign Institutional Investor (FII) holding. MF holding has increased from the previous quarter, while FII holding has decreased slightly.
SJVN’s peers such as Torrent Power, NHPC, NLC India, and CESC are also experiencing mixed performance today. Overall, benchmark indices Nifty and Sensex are both down by -1.57% and -1.59% respectively.
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