0 0
Read Time:1 Minute, 53 Second

Indian Railway Finance Corporation Share Price Today on : At 19 Sep 12:00 today, Indian Railway Finance Corporation shares are trading at price 153.05, -3.44% down from the previous closing price. Sensex is trading at 83114.24, up by 0.2%. The stock has hit a high of 161.05 and a low of 151.7 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 :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 162.52, 166.49, & 168.5, whereas it has key support levels at 156.54, 154.53, & 150.56.

Till 12 AM today, the volume traded on NSE & BSE for Indian Railway Finance Corporation was 27.72% higher 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 13.66% .The current P/E of the stock is at 32.05 & P/B is at 4.08.

The company has a 86.36% promoter holding, 0.52% MF holding, & 1.11% FII holding as per filings in the june quarter.

The MF holding has decreased from 0.71% in march to 0.52% in the june quarter.

The FII holding has increased from 1.08% in march to 1.11% in the june quarter.

Indian Railway Finance Corporation share price down -3.44% today to trade at 153.05 while its peers are mixed. Its peers such as Mindspace Business Parks REIT, Sanghvi Movers, Dhunseri Investments, MGF are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.16% & 0.2% each respectively.

About Post Author

Aniket Pujari

Blogger | Content Creator | Finance | Crypto | Internet things
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %