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HomeSHARE MARKETNew Back To Back Orders Received; 2900% Price Jumped; Golden Railway Share

New Back To Back Orders Received; 2900% Price Jumped; Golden Railway Share

Rail Vikas Nigam Ltd (NSE: RVNL ): There’s been a dramatic increase in the stocks of Rail Vikas Nigam Ltd. The shares of the rail company rose by more than 9 percent to Rs 598 on Wednesday on the Bombay Stock Exchange. 

This rise in the company’s shares has come due to receiving 2 new orders. The 52-week high of shares in the company is 620 rupees.

In the same way, the 52-week low for Rail Vikas Nigam shares is 117.35 rupees. Rail Vikas Nigam Ltd has received the new order from Maharashtra Metro Rail Corporation Limited and South Eastern Railway. 

Information About The Latest Order Received By The Firm

Rail Vikas Nigam Ltd has received an order worth the amount of 187.34 crore rupees from Maharashtra Metro Rail Corporation Limited (MMRCL) Nagpur Metro. This order has been received to build 6 elevated metro stations. 

This order must be fulfilled within 30 months. Apart from this, Rail Vikas Nigam Ltd has received an order of Rs 202.87 crore from South Eastern Railway. The rail company has to complete this order in 18 months.

Shares Of Rail Vikas Nigam Ltd Have Increased By More Than 2900 % Over The Past Four Years

Shares of Rail Vikas Nigam Ltd were at 19.65 rupees on the 10th of July, 2020. Its shares in the railway company are now at 598 rupees at the time of writing on 10th July 2024.

If someone had invested one lakh rupees in the stocks of Rail Vikas Nigam Ltd 4 years ago and kept his investment in the same manner, then the worth of the shares would be the equivalent of 30.43 lakh rupees today.

Shares Of The Railroad Company Have Gained 387 % In The Last Year

Shares of Rail Vikas Nigam Ltd have gained 387 % in the last year. The shares of the rail company were at Rs 122.25 on 10 July 2023. 

Its shares will be 598 rupees on July 10, 2024. In the past six months, stocks of Rail Vikas Nigam Ltd have seen an increase of 203 %.

Whereas, this year so far the company’s shares have seen a rise of 227 percent.

Rail Vikas Nigam Ltd Stock Performance

Current Price₹ 591
52-wk High₹ 620 
52-wk Low₹ 117
5 Days Return38.99%
1 Month Return57.37%

Key Fundamentals Parameters

Market Cap₹ 1,23,152 Cr.
Stock P/E84.2
Book Value₹ 37.7
Dividend0.35 %
ROCE18.7 %
ROE20.4 %
Face Value₹ 10.0
P/B Value15.7
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%
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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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