Indian Railway Finance Corporation share are down by -1.38%, Nifty up by 0.17%

Indian Railway Finance Corporation Share Price Today : On the last trading day, Indian Railway Finance Corporation (IRFC) opened at 167.05 and closed at 164.95. The stock reached a high of 167.5 and a low of 164.4 during the day.

Livemint
Published16 Sep 2024, 11:00 AM IST
Indian Railway Finance Corporation Share Price Today Live Updates
Indian Railway Finance Corporation Share Price Today Live Updates

At 16 Sep 11:00 today, Indian Railway Finance Corporation shares are trading at price 164.95, -1.38% down from the previous closing price. Sensex is trading at 82987.7, up by 0.12%. The stock has hit a high of 167.5 and a low of 164.4 during the day.

On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA

The SMA values for the stock are given below :

DaysSimple Moving Average
5167.67
10171.38
20176.03
50185.93
100176.75
300151.76

Till 11 AM today, the volume traded on NSE & BSE for Indian Railway Finance Corporation was -60.72% 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.

The stock's continued downtrend suggests a bearish trend is underway

From a fundamental analysis perspective, the company has a ROE of 13.66% .The current P/E of the stock is at 33.81 & P/B is at 4.30.

The company has a 86.36% promoter holding, 0.52% MF holding, & 1.11% FII holding as per filings in the june quarter.

The FII holding has increased from 1.08% in march to 1.11% in the june quarter.

Indian Railway Finance Corporation share price down -1.38% today to trade at 164.95 while its peers are mixed. Its peers such as Sanghvi Movers are falling today, but its peers Mindspace Business Parks REIT, Dhunseri Investments, MGF are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.17% & 0.12% each respectively.

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First Published:16 Sep 2024, 11:00 AM IST
Business NewsMarketsIndian Railway Finance Corporation share are down by -1.38%, Nifty up by 0.17%

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