IFCI share are down by -0.79%, Nifty down by -0.16%

IFCI Share Price Today on : At 18 Sep 16:01 today, IFCI shares are trading at price ₹71.49, -0.79% down from the previous closing price. Sensex is trading at ₹82948.23, down by -0.16%. The stock has hit a high of ₹73.65 and a low of ₹70.85 during the day.

On the technical front, the stock is trading above the 5,10,100,300 days SMA & lower than the 20,50 day SMA. The stock will have support at 5,10,100,300 days SMA & face resistance at 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 ₹73.14, ₹74.91, & ₹76.06, whereas it has key support levels at ₹70.22, ₹69.07, & ₹67.3.

Till 4 PM today, the volume traded on NSE & BSE for IFCI was 3.12% higher 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, The stock is currently experiencing a strong bullish trend.

From a fundamental analysis perspective, the company has a ROE of 2.50% .The current P/E of the stock is at 125.77 .

IFCI share price down -0.79% today to trade at ₹71.49 while its peers are mixed. Its peers such as Arman Financial Services, Niyogin Fintech are falling today, but its peers Kreon Finnancial Services are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.16% & -0.16% each respectively.