Rail Vikas Nigam Share Price Today on : Rail Vikas Nigam share are down by -1.06%, Nifty down by -0.14%

Rail Vikas Nigam Share Price Today on : At 11 Oct 16:01 today, Rail Vikas Nigam shares are trading at price ₹475.3, -1.06% down from the previous closing price. Sensex is trading at ₹81381.36, down by -0.28%. The stock has hit a high of ₹487.1 and a low of ₹472 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 ₹484.0, ₹493.35, & ₹499.35, whereas it has key support levels at ₹468.65, ₹462.65, & ₹453.3.

Till 4 PM today, the volume traded on NSE & BSE for Rail Vikas Nigam was -78.34% 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% .The current P/E of the stock is at 68.95 .

The median 1-year forecasted upside in this share is at 12.48% with a target price of ₹416.00.

The company has a 0.00% 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 -1.06% today to trade at ₹475.3 while its peers are mixed. Its peers such as DLF, Macrotech Developers, Godrej Properties are falling today, but its peers Indus Towers are on the rise. Overall, benchmark indices Nifty & Sensex are down -0.14% & -0.28% each respectively.