Ntpc share price today 11/22/2024: Ntpc share price up 1.02%, Nifty up 1.2%

Ntpc Share Price Today 11/22/2024: Today 22 Nov 12:38 Ntpc Shares are trading at ₹359.75, up 1.02% from its previous closing price. Sensex is trading at ₹78070.3, up 1.19%. The stock hit a high of ₹361.2 and a minimum of ₹355.6 during the day.

Technically, the stock is trading below the short-term 5, 10, 20-day simple moving averages as well as the 50-, 100-, and 300-day long-term moving averages.

The SMA values ​​for the stock are shown below:

Classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹362.33, ₹368.12 and ₹371.88 while it has key support levels at ₹352.78, ₹349.02 and ₹343.23.

Till today 12:00 PM traded volume on NSE and BSE for Ntpc it was 31.17% higher than in the previous trading session. Traded volume is an important indicator along with price to study trends. Positive price movement with higher volume suggests sustained growth, and negative price movement with higher volume could be an indication of further price declines.

Overall, according to Mint Technical Analysis, the stock is currently facing a strong downtrend.

From a fundamental analysis perspective, the company has a ROE of 13.53% and a ROA of 4.38% respectively. The stock’s current P/E is 15.64 and P/B is 2.05.

The stock’s forecasted 1-year median growth is 23.14%, with a price target of ₹443.00.

The company holds 0.00% promoter holding, 17.46% MF holding and 18.59% FII holding as per September quarter filings.

MF holdings fell from 17.94% in June to 17.46% in the September quarter.

FII holding increased from 17.67% in June to 18.59% in the September quarter.

Ntpc share price gained 1.02% today to trade at ₹359.75 in resonance with its peers. His peers such as are also on the rise. Overall, the benchmark Nifty and Sensex rose 1.2% and 1.19% respectively.