Rail Vikas Nigam Ltd (NSE: RVNL): The share price of Rail Vikas Nigam Limited (RVNL) has increased to the speed of a bullet train.
Shares of the railway company gained 19.99 percent on Friday, trading at the price of Rs 292.30.
This marks the 52-week record for the stocks of Rail Vikas Nigam Limited. Rail Vikas Nigam Limited shares firm closed at 243.60 the previous Thursday.
Its shares in railway companies have risen over 1,380% over the past five years. The company allied together with Jackson Greene to investigate the potential of the solar energy sector.
The company also created an affiliate firm that is located in South Africa.
Company Share Jumped By 2100%
There’s been a huge growth in stocks in Rail Vikas Nigam Limited (RVNL). The state-owned company traded at 12.80 on the 27th day of March 2020.
The shares of Rail Vikas Nigam Limited reached Rs 292.30 on January 19, 2024. The 52-week high of shares of Rail Vikas Nigam Limited is at 292.30. However, the 52-week low value of shares in the company is 56.05.
Company’s Shares Rose By 390% In Only 10 Months
Shares of Rail Vikas Nigam Limited (RVNL) have risen by 390 percent in the past 10 months.
State-owned share of the company was trading at 57.50 on February 28, 2023. The shares from Rail Vikas Nigam Limited were able to reach 288.65 on the 19th of January, 2024.
At the same time over the past 6 months, the stock of this company has risen by 127.12 percent.
Shares of this company rose from 119.90 to 288.65. In the past month, the railway company’s shares have witnessed an increase of nearly 60 percent.
Its shares have risen by 40 percent or more in the last five days. The top brokerage has set a target of Rs 500 for this share.
About Rail Vikas Nigam Ltd (RVNL)
The company was incorporated on 24.01.2003 and became fully operational after the appointment of all Directors of the Board in March 2005.
RVNL implements projects by awarding contracts on a turnkey basis to international norms and practices.
Additionally, 5 Workshop Projects and one cable bridge with a stayed structure have been completed.
The projects are currently being implemented by 36 PIUs scattered across the nation.
RVNL is also an Equity Part of an SPV that includes 12 major Ports under the Ministry of Shipping.
RVNL has managed to attract an investment of 6,139 crores. The RVNL/HSRC was tasked to conduct feasibility studies of HSR corridors that run between Mumbai and Chennai, Delhi Amritsar, Delhi Kolkata, and Delhi-Mumbai.
Fundamental Analysis of Rail Vikas Nigam Ltd
| Market Cap | ₹ 46,600 Cr. |
| Current Price | ₹ 292.30 |
| 52-wk High | ₹ 292.30 |
| 52-wk Low | ₹ 56.05 |
| Stock P/E | 43.50 |
| Book Value | ₹ 37.9 |
| Dividend | 0.77 % |
| ROCE | 17.8 % |
| ROE | 20.8 % |
| Face Value | ₹ 10.0 |
| P/B Value | 7.66 |
| OPM | 6.11 % |
| EPS | ₹ 7.09 |
| Debt | ₹ 5,981 Cr. |
| Debt to Equity | 0.76 |
Rail Vikas Nigam Ltd (RVNL) Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 254 | ₹ 310 |
| 2025 | ₹ 380 | ₹ 422 |
| 2026 | ₹ 480 | ₹ 525 |
| 2027 | ₹ 600 | ₹ 634 |
| 2028 | ₹ 750 | ₹ 800 |
| 2029 | ₹ 860 | ₹ 980 |
| 2030 | ₹ 1050 | ₹ 1200 |
Rail Vikas Nigam Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 78.20% |
| Mar 2023 | 78.20% |
| June 2023 | 78.20% |
| Sept 2023 | 72.84% |
| Dec 2023 | 72.84% |
| FII Holding | |
| Dec 2022 | 2.45% |
| Mar 2023 | 1.53% |
| June 2023 | 1.75% |
| Sept 2023 | 2.32% |
| Dec 2023 | 2.59% |
| DII Holding | |
| Dec 2022 | 6.45% |
| Mar 2023 | 6.51% |
| June 2023 | 5.75% |
| Sept 2023 | 5.83% |
| Dec 2023 | 6.08% |
| Public Holding | |
| Dec 2022 | 12.92% |
| Mar 2023 | 13.76% |
| June 2023 | 14.30% |
| Sept 2023 | 19.01% |
| Dec 2023 | 18.50% |
Rail Vikas Nigam Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 10,069 Cr |
| 2020 | ₹ 14,531 Cr |
| 2021 | ₹ 15,404 Cr |
| 2022 | ₹ 19,382 Cr |
| 2023 | ₹ 21,218 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 688 Cr |
| 2020 | ₹ 757 Cr |
| 2021 | ₹ 992 Cr |
| 2022 | ₹ 1,110 Cr |
| 2023 | ₹ 1,479 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.69 |
| 2020 | 0.83 |
| 2021 | 1.02 |
| 2022 | 1.03 |
| 2023 | 0.87 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | 20% |
| 3 Years: | 23% |
| Current Year: | 10% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | – |
| 5 Years: | 18% |
| 3 Years: | 19% |
| Last Year: | 21% |
Sales Growth Over 10 Years:
| 10 Years: | – |
| 5 Years: | 22% |
| 3 Years: | 12% |
| Current Year: | 1% |
Conclusion
This article is a complete guide about Rail Vikas Nigam Ltd RVNL Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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