Indian Railway Finance Corporation share are down by -1.31%, Nifty down by -0.16%

Indian Railway Finance Corporation Share Price Today on : At 18 Sep 16:01 today, Indian Railway Finance Corporation shares are trading at price ₹158.5, -1.31% down from the previous closing price. Sensex is trading at ₹82948.23, down by -0.16%. The stock has hit a high of ₹164.5 and a low of ₹158 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 :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹162.52, ₹166.49, & ₹168.5, whereas it has key support levels at ₹156.54, ₹154.53, & ₹150.56.

Till 4 PM today, the volume traded on NSE & BSE for Indian Railway Finance Corporation was -11.36% 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, 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 32.46 & P/B is at 4.13.

The MF holding has decreased from 0.71% in march to 0.52% 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 -1.31% today to trade at ₹158.5 while its peers are mixed. Its peers such as TCI Industries are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.16% & -0.16% each respectively.