Rail Vikas Nigam share are down by -1.08%, Nifty down by -0.05%

Rail Vikas Nigam Share Price Today on 01-10-2024: On the last trading day, Rail Vikas Nigam opened at 531 and closed at 524.7. During the day, the stock reached a high of 533.8 and a low of 523.05.

Livemint
Published1 Oct 2024, 11:02 AM IST
Rail Vikas Nigam Share Price Today Live Updates
Rail Vikas Nigam Share Price Today Live Updates

Rail Vikas Nigam Share Price Today on : At 01 Oct 16:01 today, Rail Vikas Nigam shares are trading at price 524.7, -1.08% down from the previous closing price. Sensex is trading at 84266.29, down by -0.04%. The stock has hit a high of 533.8 and a low of 523.05 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 :

DaysSimple Moving Average
5526.89
10529.35
20551.53
50566.75
100485.19
300360.96

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 530.23, 537.12, & 540.73, whereas it has key support levels at 519.73, 516.12, & 509.23.

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 19.69% .The current P/E of the stock is at 76.26 .

The median 1-year forecasted upside in this share is at 20.72% with a target price of 416.00.

The company has a 72.84% promoter holding, 6.55% MF holding, & 3.13% FII holding as per filings in the june quarter.

The MF holding has increased from 6.08% in march to 6.55% in the june quarter.

The FII holding has increased from 2.32% in march to 3.13% in the june quarter.

Rail Vikas Nigam share price down -1.08% today to trade at 524.7 while its peers are mixed. Its peers such as Macrotech Developers, Indus Towers are falling today, but its peers DLF, Godrej Properties are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.05% & -0.04% each respectively.

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Business NewsMarketsRail Vikas Nigam share are down by -1.08%, Nifty down by -0.05%
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