There’s been a significant increase in stocks of Rail Vikas Nigam Limited (NSE: RVNL). The shares of the railway firm have increased by over 11% throughout Thursday, to increase to Rs 248.05.
The increase in the share price of Rail Vikas Nigam has come because of receiving two major orders.
The Rail Vikas Nagam-Salasar joint venture has received a letter of acceptance to Madhya Pradesh Power Transmission for 220kV and 132kV transmission lines,
The company announced this in an exchange report. This is worth 173.98 crore.
In addition, Rail Vikas Nigam has received an order of about 106.37 crore from MP West Zone Electricity Distribution Company Limited.
Share Jumped By Over 1800% In Just 4 Years
The shares of Rail Vikas Nigam Limited (RVNL) has experienced dramatic growth in the last 4 years. The shares of this firm have increased by over 1800% in the last four years.
The shares from Rail Vikas Nigam Limited was at 12.80 on the 27th of March 2020.
Shares of this railway company was able to reach the price of 248.05 on March 14, 2024.
At the same time over the past three years, shares from Rail Vikas Nigam have seen an increase of 685 percent.
Throughout this time, the share of Rail Vikas Nigam has risen from 31.30 to 248.05. The 52-week high level of shares owned by the business has been 345.60.
In the same way, the 52-week low of shares held by Rail Vikas Nigam is Rs 60.30.
It Has A Lengthy List Of Customers
Rail Vikas Nigam Limited has an extensive list of orders. The railway company received several large orders in March.
It has been given an order of Rs193 crore by Rajasthan State Electricity Transmission Corporation Limited.
Rail Vikas Nigam has received an order amounting to around Rs 339.23 crore in the form of Maharashtra Metro Rail Corporation.
The state-owned railway company is receiving an order for about Rs 47.36 crore in the form of Central Railways.
This is a communications and signaling work in the Khapri-Sevagram area that is part of the Nagpur division.
The joint venture between Rail Vikas Nigam and URC received the work at Rs 543 crore from Madhya Pradesh Metro Rail Corporation.
The railway company received the work order of the sum of 409.65 crore in the form of Himachal Pradesh State Electricity Board.
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 | ₹ 50,736 Cr. |
| Current Price | ₹ 243.80 |
| 52-wk High | ₹ 346 |
| 52-wk Low | ₹ 60.3 |
| Stock P/E | 34.9 |
| Book Value | ₹ 37.9 |
| Dividend | 0.87 % |
| ROCE | 17.8 % |
| ROE | 20.8 % |
| Face Value | ₹ 10.0 |
| P/B Value | 6.42 |
| 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% |
RVNL 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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