NTPC Green Energy, BEML, RITES, IREDA Stocks in Focus Among Public Sector Companies
IREDA opened negative on Monday and the stock has support at Rs 196. If the stock trades above Rs 201, we can expect bullish momentum in IREDA. NTPC Green Energy, BEML and RITES Limited stocks would be in focus among Public Sector companies in today's trading session.
| Stock | Open | High | Low | Market Cap | P/E Ratio | Dividend Yield | 52-wk High | 52-wk Low |
|---|---|---|---|---|---|---|---|---|
| NTPC Green Energy | Rs 126.0 | Rs 133.3 | Rs 124.3 | 1.10LCr | 352.02 | - | Rs 155.35 | Rs 111.5 |
| BEML | Rs 4014.9 | Rs 4094.95 | Rs 4002.7 | 16.86KCr | 59.09 | 0.51% | Rs 5488.0 | Rs 2671.9 |
| RITES Limited | Rs 278.0 | Rs 282.5 | Rs 277.2 | 13.44KCr | 37.15 | 2.82% | Rs 412.98 | Rs 245.75 |
| IREDA | Rs 200.16 | Rs 201.0 | Rs 196.1 | 52.94KCr | 35.75 | - | Rs 310.0 | Rs 95.55 |
Fibonacci Levels for Each Stock
NTPC Green Energy
23.6%: Rs 126.42
38.2%: Rs 127.74
50.0%: Rs 128.80
61.8%: Rs 129.86
78.6%: Rs 131.37
Summary: NTPC Green Energy is consolidating near its lows. A breakout above Rs 133.30 could initiate a short-term rally.
BEML
23.6%: Rs 4024.47
38.2%: Rs 4037.94
50.0%: Rs 4048.82
61.8%: Rs 4059.71
78.6%: Rs 4075.21
Summary: BEML is showing stability around Rs 4002.70. A strong move above Rs 4094.95 can signal bullish momentum.
RITES Limited
23.6%: Rs 278.45
38.2%: Rs 279.22
50.0%: Rs 279.85
61.8%: Rs 280.48
78.6%: Rs 281.37
Summary: RITES Limited is trading near its support. A decisive breakout above Rs 282.50 could lead to further gains.
IREDA
23.6%: Rs 197.26
38.2%: Rs 197.97
50.0%: Rs 198.55
61.8%: Rs 199.13
78.6%: Rs 199.95
Summary: IREDA has support around Rs 196.10. Watch for potential movement above Rs 201.00 for bullish confirmation.
