Rail Vikas Nigam Share Price Today on 05-11-2024: At 05 Nov 16:00 today, Rail Vikas Nigam shares are trading at price ₹450.9, 0.99% up from the previous closing price. Sensex is trading at ₹79476.63, up by 0.88%. The stock has hit a high of ₹456.9 and a low of ₹441.5 during the day.
On the technical front, the stock is trading above the 10,300 days SMA & lower than the 5,20,50,100 day SMA. The stock will have support at 10,300 days SMA & face resistance at 5,20,50,100 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 455.81 |
10 | 449.18 |
20 | 462.78 |
50 | 516.70 |
100 | 518.22 |
300 | 394.35 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹457.82, ₹465.23, & ₹473.47, whereas it has key support levels at ₹442.17, ₹433.93, & ₹426.52.
Till 4 PM today, the volume traded on NSE & BSE for Rail Vikas Nigam was -61.97% 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 19.69% & ROA of 8.30% respectively.The current P/E of the stock is at 64.03 .
The median 1-year forecasted upside in this share is at 7.74% with a target price of ₹416.00.
The company has a 0.00% promoter holding, 6.12% MF holding, & 5.05% FII holding as per filings in the september quarter.
The MF holding has decreased from 6.55% in june to 6.12% in the september quarter.
The FII holding has increased from 3.13% in june to 5.05% in the september quarter.
Rail Vikas Nigam share price up 0.99% today to trade at ₹450.9 while its peers are mixed. Its peers such as Macrotech Developers are falling today, but its peers DLF, Indus Towers, Godrej Properties are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.91% & 0.88% each respectively.
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