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 :
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹531.13, ₹537.57, & ₹541.63, whereas it has key support levels at ₹520.63, ₹516.57, & ₹510.13.
Till 1 PM today, the volume traded on NSE & BSE for Rail Vikas Nigam was -85.06% 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 median 1-year forecasted upside in this share is at 18.55% 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 -2.66% today to trade at ₹510.75 while its peers are mixed. Its peers such as DLF, Macrotech Developers, Indus Towers, Godrej Properties are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.56% & -1.64% each respectively.