RVNL(NSE: RVNL) Share Price Today: Public sector undertaking Rail Vikas Nigam Ltd. The order book for (RVNL) was 65,000 crore, out of which 50 percent of them are railway-related projects.
The effect of this update is being seen on RVNL shares today. Today, after opening at Rs 254.30, this stock reached Rs 281.30 within a few minutes. After that this stock jumped by more than 10 percent to reach Rs 277.50. Then the share closed at Rs 266.40.
RVNL management stated during the investor conference that RVNL is currently evaluating possibilities of developing new projects in foreign markets such as West Asia along with Central Asia & the United Arab Emirates (UAE).
Order books in the coming few months will be around 75,000 crore.
RVNL Share Price History:
Shares of Rail Vikas Nigam have soared by more than 19% in the last 5 days.
However, over the last six months, it has more than doubled the amount of money that its customers have made. In this time, it has returned that is 121 percent.
The 52-week high of RVNL, which has given returns of more than 51 percent so far this year, is Rs 345.50.
During this period it has also reached a low of 56.05. RVNL share prices have increased 317 percent over just one month.
On the other hand, it is included in the list of multi-bagger stocks by giving returns of 1301% in the last 5 years.
What Do Technical Trends Say?
Talking about technical trends, is bullish in both long and short term. That too when the company recorded a year-on-year decline in both net profit and revenue in the December quarter.
The net profit fell 6 percent to Rs359 crore, down from Rs382 crore. This is an 8.8 percent decrease from the Net profit of Rs394 crore.
Additionally, revenue from operations fell from ₹5,012 crore to ₹4,689 crore, registering a decline of 6.44%.
About Rail Vikas Nigam Ltd
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 | ₹ 55,536 Cr. |
| Current Price | ₹ 266.40 |
| 52-wk High | ₹ 346 |
| 52-wk Low | ₹ 56.0 |
| Stock P/E | 38.2 |
| Book Value | ₹ 37.9 |
| Dividend | 0.80 % |
| ROCE | 17.8 % |
| ROE | 20.8 % |
| Face Value | ₹ 10.0 |
| P/B Value | 7.02 |
| OPM | 6.08 % |
| EPS | ₹ 6.98 |
| 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 | ₹ 20,895 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 688 Cr |
| 2020 | ₹ 757 Cr |
| 2021 | ₹ 992 Cr |
| 2022 | ₹ 1,110 Cr |
| 2023 | ₹ 1,455 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: | 1% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | – |
| 5 Years: | 18% |
| 3 Years: | 19% |
| Last Year: | 21% |
Last 10 Years’ Sales Growth:
| 10 Years: | – |
| 5 Years: | 22% |
| 3 Years: | 12% |
| Current Year: | -1% |
Conclusion
This article is a complete guide about Rail Vikas Nigam Ltd 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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