Rail Vikas Nigam Share Price Today on
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 :
Days | Simple Moving Average |
---|---|
5 | 526.89 |
10 | 529.35 |
20 | 551.53 |
50 | 566.75 |
100 | 485.19 |
300 | 360.96 |
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 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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