Rail Vikas Nigam Share Price Today on
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 :
Days | Simple Moving Average |
---|---|
5 | 474.75 |
10 | 495.73 |
20 | 514.00 |
50 | 547.93 |
100 | 504.82 |
300 | 374.94 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹477.42, ₹483.98, & ₹489.07, whereas it has key support levels at ₹465.77, ₹460.68, & ₹454.12.
Till 4 PM today, the volume traded on NSE & BSE for Rail Vikas Nigam was -85.64% 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 median 1-year forecasted upside in this share is at 11.55% 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 -1.05% today to trade at ₹470.3 while its peers are mixed. Its peers such as are falling today, but its peers DLF, Macrotech Developers, Indus Towers, Godrej Properties are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.66% & 0.73% each respectively.
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