RVNL Share Price | Update on RVNL company, there will be positive impact on multibagger share price – NSE: RVNL
RVNL Share Price | A big contract to Rail Vikas Nigam Limited Company (NSE: RVNL) Got it. In the information given to the stock markets, RVNL said that RVNL has got a contract worth Rs 294.94 crore from South Central Railway. RVNL shares fell slightly on Monday. (RVNL Company Excerpt)
contract details
As per the contract awarded to RVNL, under the project a double track will be constructed from Navipet station to Indalavai station in Telangana. Under this contract, RVNL company will also have to do signal and electrification work. RVNL has to complete the contract within 24 months. On Tuesday (19 November 2024), the stock was trading at Rs 432, up 3.81%.
Company's second quarter financial results
Rail Vikas Nigam Limited has announced the results of the second quarter. In the information given to the stock markets, RVNL said that the company has earned a net profit of Rs 286.90 crore in the second quarter. There has been a decline of 27 percent on year-on-year basis. In the same quarter last year, the company had earned a net profit of Rs 394.30 crore. The revenue of Rail Vikas Nigam Limited Company has also declined by 1.2 percent on year-on-year basis. RVNL reported revenue of Rs 4,855 crore in the second quarter. RVNL's income in the second quarter of the last financial year was Rs 4,914.30 crore.
The share gave a return of 457%
The stock has declined 6.32% in the last one month. The stock has declined 22.90% in the last six months. The stock has given 81.80% returns in the last one year. The stock has given a return of 457.86% in the last five years. The stock has also returned 37.80% on a YTD basis.
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