Indian Railway Finance Corporation Share Price Today on 26-11-2024: Indian Railway Finance Corporation share price are up by 0.48%, Nifty down by -0.04%

Indian Railway Finance Corporation Share Price Today on 26 Nov 2024: On the last trading day, Indian Railway Finance Corporation (IRFC) opened at 146.35 and closed at 147. The stock reached a high of 147.3 and a low of 145 during the trading session. Overall, the stock showed a slight upward movement, closing higher than its opening price.

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Published26 Nov 2024, 11:24 AM IST
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Indian Railway Finance CorporationShare Price Today on 26-11-2024

Indian Railway Finance Corporation Share Price Today on 26-11-2024: At 26 Nov 11:24 today, Indian Railway Finance Corporation shares are trading at price 147, 0.48% up from the previous closing price. Sensex is trading at 80017.82, down by -0.11%. The stock has hit a high of 147.3 and a low of 145 during the day.

On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face resistance at 50,100,300 days SMA

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The SMA values for the stock are given below :

DaysSimple Moving Average
5141.38
10144.15
20146.51
50151.25
100168.81
300162.92

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 149.33, 152.37, & 154.03, whereas it has key support levels at 144.63, 142.97, & 139.93.

Indian Railway Finance Corporation Share Price Today

Till 11 AM today, the volume traded on NSE & BSE for Indian Railway Finance Corporation was -55.68% 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, While the stock is exhibiting preliminary indications of a trend reversal following a significant downtrend, continued monitoring is advised..

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From a fundamental analysis perspective, the company has a ROE of 13.66% & ROA of 1.31% respectively.The current P/E of the stock is at 29.40 & P/B is at 3.72.

The median 1-year forecasted upside in this share is at 65.99% with a target price of 50.00.

The company has a 0.00% promoter holding, 0.15% MF holding, & 1.09% FII holding as per filings in the september quarter.

The MF holding has decreased from 0.55% in june to 0.15% in the september quarter.

The FII holding has decreased from 1.11% in june to 1.09% in the september quarter.

Indian Railway Finance Corporation share price has gained 0.48% today, currently at 147, while its peers such as are in the red. Overall, benchmark indices Nifty & Sensex are down -0.04% & -0.11% each respectively.

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First Published:26 Nov 2024, 11:24 AM IST
Business NewsMarketsIndian Railway Finance Corporation Share Price Today on 26-11-2024: Indian Railway Finance Corporation share price are up by 0.48%, Nifty down by -0.04%
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