Rail Vikas Nigam share are down by -2.66%, Nifty down by -1.56%

Rail Vikas Nigam Share Price Today on : At 03 Oct 13:00 today, Rail Vikas Nigam shares are trading at price 510.75, -2.66% down from the previous closing price. Sensex is trading at 82880.98, down by -1.64%. The stock has hit a high of 518.1 and a low of 508.9 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 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 current P/E of the stock is at 75.29 .

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.

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  • Aniket Pujari

    Aniket Pujari is a visionary entrepreneur and dedicated content creator who has made significant contributions to the digital media landscape. As the founder of Minute To Know News, he has established himself as a leading figure in the world of finance, cryptocurrencies, and Internet-related topics.

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