Stock in Rail Vikas Nigam Limited (NSE: RVNL) has been increasing for the past two days. The share of the rail company has once again crossed Rs 600.
Today on 13th August the company’s share price is Rs 602.
Stock in Rail Vikas Nigam Limited (RVNL) increased by over 4 percent, to Rs 601.75 this Tuesday, on the BSE(Bombay Stock Exchange).
Share of the Navratna company had jumped 11 percent on Monday. Market experts say that the shares of the rail company can go up to Rs 700 in the future.
Shares Of Rail Vikas Will Be Included In The MSCI India Index
Share of Rail Vikas Nigam Limited (RVNL) will be included in the MSCI India Index along with 6 other stocks.
MSCI has revealed it will include Rail Vikas Nigam Limited, Dixon Technologies, Vodafone Idea, Oracle Financial, Oil India, Prestige Estates and Zydus Lifesciences will be included in the India Index.
Based on Nuvama The Nuvama Alternative Research and Quantitative research the stocks of Rail Vikas Nigam Limited can draw passive inflows of up to $219 million.
RVNL Shares Can Go Up To Rs 700
The share of Rail Vikas Nigam Limited is at the top of a fresh breakout at Rs 625.
Another expert says that if this level is crossed, the shares of Rail Vikas Nigam Limited can go up to the level of Rs 700 in the future.
Shares Increased By Nearly 375% Within One Year
Share from Rail Vikas Nigam Limited has increased by more than 35% in the past 1 year.
The share of the company traded at a value of 125.20 on August 14, 2023. Share of Rail Vikas Nigam Limited has reached Rs 601.75 on 13 August 2024.
The share of the rail company has climbed more than 140 percent in the last 6 months. The company’s share has increased from Rs 245.60 to over Rs 600 during this period.
The 52-week high level of the company’s share is Rs 647. At the same time, the 52-week low level of the company’s share is Rs 122.25.
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