RVNL Share Price | Big update on RVNL company, share will become rich, gave 190% return in 1 year – NSE: RVNL
RVNL Share Price | Rail Vikas Nigam Limited (NSE: RVNL) Shares are trading with gains. Rail Vikas Nigam Limited Company shares rose 7% on Thursday. The stock rose after the information about the new contract from Rail Vikas Nigam Limited Company was revealed. On Friday, October 18, the stock was trading at Rs 478.05, down 2.36 per cent. (Rail Vikas Nigam Limited Company Excerpt)
company order book strong
In the information given by Rail Vikas Nigam Limited, the company said, 'Rail Vikas Nigam Limited had made the lowest bid for the contract of Maharashtra Metro Rail Corporation Limited and its contract has been given to RVNL. The MMRC contract is expected to cost Rs 270 crore. Rail Vikas Nigam Limited will have to complete this contract within 30 months from the date of award of the contract. On Monday (21 October 2024), the stock was trading at Rs 469, down 1.78%.
RVNL gets new contract
Rail Vikas Nigam Limited has got a contract worth Rs 270 crore. The new contract awarded to Rail Vikas Nigam Limited includes construction of seven elevated metro stations including Hingna Mount View, Rajiv Nagar, APMC, Wanadongri, Raipur, Hingna Station and Hingna Bus Station in Reach 3A of Phase II of Nagpur Metro Rail Contract. Additionally, three elevated metro stations will be established in Reach 4A at Kapasi Khurd, Transport Nagar and Pardi. Rail Vikas Nigam Limited has given this information in a filing to the exchange.
Current status of RVNL share
On Friday, October 18, the stock was trading at Rs 477, down 2.57 per cent. The share of Railway Vikas Nigam Limited Company's 52 week high was Rs 647, while 52 week low was Rs 142.15. The total market cap of Rail Vikas Nigam Limited Company is Rs 99,476 crore.
RVNL stock gave multibagger returns
Rail Vikas Nigam Limited Company shares have given multibagger returns to the investors. However, the stock has fallen 9.78% in the last one month. RVNL stock has given 83.49% return in the last 6 months. RVNL shares have given 185.57% return in the last 1 year. The stock has given 1908% returns in the last five years. The stock has given a return of 162.03% on a YTD basis.
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