Rail Vikas Nigam Share Price Today on 12-11-2024: Rail Vikas Nigam share price are up by 0.25%, Nifty down by -1.07%

Rail Vikas Nigam Share Price Today on 12-11-2024: At 12 Nov 16:00 today, Rail Vikas Nigam shares are trading at price ₹437.65, 0.25% up from the previous closing price. Sensex is trading at ₹78675.18, down by -1.03%. The stock has hit a high of ₹450.4 and a low of ₹433 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 ₹446.93, ₹456.72, & ₹462.58, whereas it has key support levels at ₹431.28, ₹425.42, & ₹415.63.

Rail Vikas Nigam Share Price Today

Till 4 PM today, the volume traded on NSE & BSE for Rail Vikas Nigam was -80.00% 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% & ROA of 8.30% respectively.The current P/E of the stock is at 67.59 & P/B is at 10.35.

The median 1-year forecasted upside in this share is at 18.43% with a target price of ₹357.00.

The company has a 0.00% promoter holding, 6.12% MF holding, & 5.05% FII holding as per filings in the september quarter.

The MF holding has decreased from 6.55% in june to 6.12% in the september quarter.

The FII holding has increased from 3.13% in june to 5.05% in the september quarter.

Rail Vikas Nigam share price up 0.25% today to trade at ₹437.65 while its peers are mixed. Its peers such as DLF, Indus Towers, Godrej Properties are falling today, but its peers Macrotech Developers are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.07% & -1.03% each respectively.