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₹563 Share; After Block Deal Share Jump 15%; Third Time Share Hit Record High

Rail Vikas Nigam Ltd (NSE: RVNL): There has been a tremendous rise in the shares of Rail Vikas Nigam Ltd (RVNL), a government company involved in railway development works. As soon as the market opened on Monday, the company’s shares climbed up to 15 percent. 

This rise in Rail Vikas Nigam Ltd shares has come after a block deal of about one million shares. The company’s stock was trading at a record high of Rs 567.60 per share. 

This is the third time that the shares of this railway-related company have reached a record high.

RVNL stock has seen a rise of about 33% in the last 5 trading sessions. Along with this, in the last month, the company has given a return of 48% to investors and 203% so far in one year.

Why Are The Shares Rising?

The Ministry of Railways has announced to manufacture 10 thousand non-AC coaches in the financial year 2024-25 and 2025-26. The Ministry of Railways has set the goal of producing 4485 coaches that are not AC in this fiscal year.

Along with this, in the next financial year 2025-26, the ministry will make the remaining 5,444 non-AC coaches.

Only after this, if we talk about the technical front, then the Relative Strength Index (RSI) is currently 82.5. This is the reason why the company’s stock is seeing a rise.

What Does Rail Vikas Nigam Ltd Company Do?

Rail Vikas Nigam Ltd is the operation unit of Indian Railways. The company is part of the Ministry of Railways.

This company manages all the project development cycles of Indian Railways. This includes design to project estimation and contract management.

Rail Vikas Nigam Ltd Stock Performance

Current Price₹ 566
52-wk High₹ 579 
52-wk Low₹ 117
5 Days Return37.14%
1 Month Return51.76%

Key Fundamentals Parameters

Market Cap₹ 1,17,895 Cr.
Stock P/E80.6
Book Value₹ 37.7
Dividend0.38 %
ROCE18.7 %
ROE20.4 %
Face Value₹ 10.0
P/B Value15.0
OPM6.19 %
EPS₹ 7.02
Debt₹ 6,033 Cr.
Debt to Equity0.77

Rail Vikas Nigam Ltd Shareholding Pattern

Promoters Holding
Mar 202378.20%
June 202378.20%
Sept 202372.84%
Dec 202372.84%
Mar 202472.84%
FII Holding
Mar 20231.53%
Jun 20231.75%
Sep 20232.32%
Dec 20232.59%
Mar 20242.32%
DII Holding
Mar 20236.51%
Jun 20235.75%
Sep 20235.83%
Dec 20236.08%
Mar 20246.18%
Hot Stocks Alert Join
Public Holding
Mar 202313.76%
Jun 202314.30%
Sep 202319.01%
Dec 202318.50%
Mar 202418.66%

Rail Vikas Nigam Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 14,531 Cr
2021₹ 15,404 Cr
2022₹ 19,382 Cr
2023₹ 20,282 Cr
2024₹ 21,733 Cr

Last 5 Years’ Net Profit:

2020₹ 790 Cr
2021₹ 941 Cr
2022₹ 1,087 Cr
2023₹ 1,268 Cr
2024₹ 1,463 Cr

Conclusion

This article provides a detail guide about Rail Vikas Nigam Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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