RVNL Shares surge more than 13% after wins order from South Eastern Railway worth Rs 148 crores

RVNL Shares: RVNL Shares Price on NSE/BSE

RVNL shares have shown a lot of growth on today, Tuesday, May 21. RVNL shares started the morning session at Rs 303.30 and see the stock showed a rise of 6% in the initial phase and this rise reached about 10% till 11:30 AM, at that time the stock was trading at Rs 338.60 and afer RVNL stock was trading above 13% it was closed at Rs 341.75. Yesterday RVNL shares are runs like a bullet train. But Today on Wednesday, May 22 trading session the performance of RVNL shares was a bit moderate as compared to the previous day at this time stock price is trading at Rs 343.20.

RVNL wins an order

The company has got a big order due to which RVNL shares have increased. Earlier the company had received an order worth Rs 239 crores for signalling system from Southern Railway and now RVNL has got a big order of Rs 148 crores. This order related to Electric traction system has been received from South Eastern Railway. Due to these orders, the company has become quite famous and till now the company has an order book of Rs. 65,000 crores. 

RVNL shares started the day at Rs 343.00 and closed at Rs 341.95. The whole day’s trading session was quite good and the stock performed quit well. RVNL shares’ day’s high was Rs 358.95and low was Rs 331.35. total market capitalization is 71.64KCr. PE ratio is 45.26 and sector PE ratio is 17.23. PB ratio is 9.73 and sector PB ratio is 2.88. The company is providing a dividend yield of 0.62% and on the other hand the sector is providing a dividend yield of 0.87%.

Peer comparison of RVNL Stock

In this peer comparison, RVNL’s stocks and its competitive railway sectors and stocks have been compared which is related to the stock’s PE ratio, 1-year return or experts’ opinion. To know about the market situation of stocks based on all these factors. RVNL is an Indian public sector company.

Financial History of IRFC Shares

RVNL (Rail Vikas Nigam Ltd) shares listed on both National Stock Exchange (NSE) and BSE (Bombay stock Exchange). RVNL (Rail Vikas Nigam Ltd) shares have shown very good performance to its shareholders since its inception.

In the last 5 years, RVNL (Rail Vikas Nigam Ltd) has given a return of 1,234.96% This is a very good record that RVNL has given in the last 5 years and it is expected to create such a record in the coming time also because nowadays RVNL is in the news for booking new project orders. RVNL has given a return of 194.91% in the last one year. If we look at the performance of the last 6 months, it has given a return of 106.24% and in the last one month it has given a return of 29.42%.

RVNL (Rail Vikas Nigam Ltd) shares have shown good performance in the last 5 years, its revenue has grown up with a very good rating. In the last 5 years, RVNL (Rail Vikas Nigam Ltd) shares revenue growth has been increase than industry growth. The industry revenue growth rate was 11.35% and RVNL (Rail Vikas Nigam Ltd) revenue growth rate was 22.01% and RVNL (Rail Vikas Nigam Ltd) market share has also increased from 7.44% to 11.7% and over the 5 years RVNL (Rail Vikas Nigam Ltd) has increased its net income yearly rate by 20.06% as compared to the industry average growth rate of 14.26%.

About RVNL (Rail Vikas Nigam Limited)

Rail Vikas Nigam Limited is a central public sector company of India which is under the ministry of railways. RVNL’s main function is for implementation of construction projects and development of transportation infrastructure. Based on the vision of our Honourable Prime Minister of India, Bharat Rattan Late Shri Atal Bihari Vajpayee, RVNL was established as a public sector undertaking (PSU) on 24 January 2023 and its headquarters is in New Delhi, India. Its subsidiaries companies are High Speed ​​Rail Corporation of India Limited, Kutch Railway Company Limited.

RVNL Share Price Target for 2024

Share price target of RVNL for 2024 is just a prediction which is based on some technical factors and market trends and change in market situations. So according to this share price target could be predicted as of Rs 398.00 by the end of this year.

RVNL Share Price Target for 2025

RVNL was listed on BSE and NSE in 2019 and has been showing quite impressive return growth since then. Every day the policies of the new government and its plans further hamper its stocks. Similar strong performance is expected in future also and apart from this the share price target which is expected is Rs 589.00.

RVNL Share Price Target for 2026

Share price target for 2026 could be predicted as of Rs 790.00 by the end of year 2026.

RVNL Share Price Target for 2030

Share price target for 2030 could be predicted as of Rs 1792.03 by the end of year 2030. Before making any financial investment consult with your financial expert.

Disclaimer: The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions. The content reflects the market situation at the time of writing and is subject to change. The author and platform do not guarantee the accuracy or completeness of the information and shall not be responsible for any losses or damages occurs from actions taken based on the provided information.

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