Rail Vikas Nigam share are down by -0.39%, Nifty down by -0.16%

Rail Vikas Nigam Share Price Today on : At 18 Sep 16:01 today, Rail Vikas Nigam shares are trading at price ₹528.5, -0.39% down from the previous closing price. Sensex is trading at ₹82948.23, down by -0.16%. The stock has hit a high of ₹538.2 and a low of ₹527 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 :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹535.4, ₹542.55, & ₹546.75, whereas it has key support levels at ₹524.05, ₹519.85, & ₹512.7.

Till 4 PM today, the volume traded on NSE & BSE for Rail Vikas Nigam was -71.20% 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, 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 76.13 .

The median 1-year forecasted upside in this share is at 21.29% 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 -0.39% today to trade at ₹528.5 while its peers are mixed. Its peers such as are falling today, but its peers GR Infraprojects, Veer Global Infraconstruction, Asian Tea & Exports RTS, VKJ Infra Developers are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.16% & -0.16% each respectively.