Saturday, September 21, 2024

Rail Vikas Nigam share are up by 0.59%, Nifty down by -0.07%

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At 13 Sep 11:15 today, Rail Vikas Nigam shares are trading at price 555.2, 0.59% up from the previous closing price. Sensex is trading at 82958.71, up by 0%. The stock has hit a high of 562.5 and a low of 548 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 :

Till 11 AM today, the volume traded on NSE & BSE for Rail Vikas Nigam was -66.51% 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.

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 79.21 .

The company has a 72.84% promoter holding, 6.55% MF holding, & 3.13% FII holding as per filings 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 has gained 0.59% today to trade at 555.2 in resonance with its peers. Its peers such as are also on the rise. Overall, benchmark indices Nifty & Sensex are up -0.07% & 0% each respectively.





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