2 weeks Ago
CEAT Share Price Today on : At 29 Oct 11:04 today, CEAT shares are trading at price ₹ 2774.85, -0.78% down from the previous closing price.
Sensex is trading at ₹ 79517.56, down by -0.61%.
The stock has hit a high of ₹ 2820 and a low of ₹ 2760.4 during the day. On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA.
The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 days SMA The SMA values for the stock are given below : The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹ 2839.65, ₹ 2878.3, & ₹ 2951.
65, whereas it has key support levels at ₹ 2727.65, ₹ 2654.3, & ₹ 2615.
65. Till 11 AM today, the volume traded on NSE & BSE for CEAT was -57.87% lower than the previous trading session.
Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices. Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal.
. From a fundamental analysis perspective, the company has a ROE of 17.18% .
The current P/E of the stock is at 19.98 & P/B is at 2.69.
The median 1-year forecasted upside in this share is at 14.46% with a target price of ₹ 3176.00.
The company has a 0.00% promoter holding, 4.48% MF holding, & 16.
64% FII holding as per filings in the september quarter. The MF holding has increased from 4.15% in june to 4.
48% in the september quarter. The FII holding has decreased from 18.75% in june to 16.
64% in the september quarter. CEAT share price down -0.78% today to trade at ₹ 2774.
85 while its peers are mixed. Its peers such as Apollo Tyres, Bengal & Assam Company, TVS Srichakra are falling today, but its peers JK Tyre & Industries are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.
8% & -0.61% each respectively..
