Rail Vikas Nigam Share Price Today on 11-11-2024: At 11 Nov 16:00 today, Rail Vikas Nigam shares are trading at price ₹436.55, -2.58% down from the previous closing price. Sensex is trading at ₹79496.15, up by 0.01%. The stock has hit a high of ₹446.25 and a low of ₹429 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 :
Days | Simple Moving Average |
---|---|
5 | 458.53 |
10 | 457.17 |
20 | 458.72 |
50 | 504.89 |
100 | 521.56 |
300 | 400.82 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹444.87, ₹453.83, & ₹461.67, whereas it has key support levels at ₹428.07, ₹420.23, & ₹411.27.
Till 4 PM today, the volume traded on NSE & BSE for Rail Vikas Nigam was -73.68% 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 69.35 & P/B is at 10.62.
The median 1-year forecasted upside in this share is at 14.56% with a target price of ₹373.00.
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 down -2.58% today to trade at ₹436.55 while its peers are mixed. Its peers such as DLF, Indus Towers, Godrej Properties are falling today, but its peers Macrotech Developers are on the rise. Overall, benchmark indices Nifty & Sensex are up -0.03% & 0.01% each respectively.
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