Adani Ent Shares Increase Today
Adani Ent Share Price Today on 23-10-2024: Adani Ent shares are up by 1.74%, and Nifty is up by 0.23%
Adani Ent Shares Increase Today
In a positive start to the trading session, at 11:04 on 23rd October, Adani Enterprises shares climbed 1.74% to ₹2873.6 compared to the previous closing price. The Sensex is up 0.48% at ₹80607.49. In fact, during the day, the stock fluctuated between a high of ₹2877.95 and a low of ₹2823.7.
Technically speaking, the stock is trading below both the 50, 100, and 300-day moving averages as well as the short-term simple moving averages of 5, 10, and 20 days.
The SMA values for the stock are given below :
| Day | Simple Moving Average |
| 5 | 3028.52 |
| 10 | 3087.08 |
| 20 | 3096.34 |
| 50 | 3067.09 |
| 100 | 3113.59 |
| 300 | 3107.65 |
According to the traditional pivot level analysis, the stock's important support levels are ₹2775.8, ₹2728.4, and ₹2638.8, while its major resistances are ₹2912.8, ₹3002.4, and ₹3049.8 on a daily time frame.
However, from a fundamental analysis perspective, the company has a ROE of 8.98%. In fact, the current P/E of the stock is 84.37.
