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Rail Vikas Nigam Share Price: By the way in which, today the shares associated to Railways are giving bumper returns to the traders within the inventory market. But there’s one inventory which has earned. In the final two months, this inventory connected to the railway has develop into a rocket. We are speaking in regards to the shares of Rail Vikas Nigam Limited (Rail Vikas Nigam Share).
You will probably be shocked to know that solely two months in the past, on March 1, 2023, the inventory of Rail Vikas Nigam Limited closed at Rs.58. Which elevated to the extent of Rs 144 on 8 May 2023. That is, in simply two months, the share of RVNL has given a return of 149 per cent to the traders. In Monday’s buying and selling session, the inventory opened at Rs 142, which rose to Rs 144.40. However, on the shut of the market, the share of RVNL closed at Rs 135, down 4.69 per cent.
A 12 months in the past, the inventory of Rail Vikas Nigam Limited was buying and selling round Rs.29. The inventory has given 82.88% return in a single month, 316% in a single 12 months, 166% in 6 months, 62% in a single month and 40% in a single week. At the identical time, the inventory has given a return of 500 per cent in three years and 380 per cent in two years. While Rail Vikas Nigam Limited has given multibagger returns of 726 per cent in three years.
Rail Vikas Nigam Limited is an infrastructure firm of Indian Railways which works on initiatives associated to railways. The firm has bid to make 200 Vande Bharat trains in collaboration with the Russian firm. Together with Siemens, the corporate has additionally bid for the Mumbai Metro. Rail Vikas Nigam Limited can also be bidding for rail initiatives in different international locations. However, if specialists are to be believed, the way in which Rail Vikas Nigam Limited is engaged on its growth plan, the inventory has the potential to go up additional.
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