Rail Vikas Nigam Share Price Today on 28-11-2024: Rail Vikas Nigam share price are up by 0.72%, Nifty down by -0.71%

Rail Vikas Nigam Share Price Today on 28-11-2024: At 28 Nov 11:22 today, Rail Vikas Nigam shares are trading at price ₹442.55, 0.72% up from the previous closing price. Sensex is trading at ₹79497.19, down by -0.92%. The stock has hit a high of ₹450.65 and a low of ₹440.65 during the day.

On the technical front, the stock is trading above the 5,10,20,300 days SMA & lower than the 50,100 day SMA. The stock will have support at 5,10,20,300 days SMA & face resistance at 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 ₹446.73, ₹454.42, & ₹462.03, whereas it has key support levels at ₹431.43, ₹423.82, & ₹416.13.

Rail Vikas Nigam Share Price Today

Till 11 AM today, the volume traded on NSE & BSE for Rail Vikas Nigam was -80.02% 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 is displaying strong indications of a trend reversal following a downtrend.

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 68.03 & P/B is at 10.42.

The median 1-year forecasted upside in this share is at 19.33% with a target price of ₹357.00.

The company has a 0.00% promoter holding, 0.21% MF holding, & 5.05% FII holding as per filings in the september quarter.

The MF holding has increased from 0.19% in june to 0.21% 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 0.72% today to trade at ₹442.55 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 -0.71% & -0.92% each respectively.