RVNL Share Price | Multibagger RVNL stock will again give returns at bullet train speed, beneficial update comes – NSE: RVNL
RVNL Share Price | Shares of the railway company were trading at a high level on Wednesday 27 November. (NSE: RVNL)Shares of Rail Vikas Nigam Ltd, IRFC Ltd and IRCON International Ltd rose around 7 per cent each. Railway shares have given huge returns to investors in the last one year. However, these shares have fallen 25 to 40 percent from their record high levels. (Rail Vikas Nigam Limited Company Excerpt)
RVNL gets new contract
The new contract received by RVNL company from Eastern Railway includes earth works and filling, blanket laying, minor bridges, major bridges, RUB, ROB, retaining wall, level crossing, side drain, catch water drain and other works between Kalidongri and Pradhankhunta. . On Thursday (28 November 2024), the stock was trading 0.74% higher at Rs 443. RVNL has to complete the contract in the next 16 months. The company said the value of the new contract awarded to RVNL from Eastern Railway is more than Rs 837 crore.
Classic Pivot Level
Wednesday, November 27, 2024 Rail Vikas Nigam Limited Company stock analysis shows that the main resistance levels in the daily time frame are Rs 441.0, Rs 448.3 and Rs 452.7, while the main support levels of the stock are Rs 429.3, Rs 424.9 and Rs 417.6.
Stock gave 1738% return
RVNL stock has returned 3.54% in the last five days. The stock has returned 1.86% in the last month. RVNL stock has returned 16.80% in the last six months. The stock has returned 165.11% in the last year. RVNL shares have given a return of 1,738.62% in the last five years. The stock has given a return of 141.95% on a YTD basis.
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