Rvnl share price today

"Finance Minister has approved the upgradation of RVNL to Navratna CPSE. RVNL will be the 13th Navratna amongst the CPSEs. RVNL is a Ministry of Railways CPSE with an annual turnover of Rs 19381 crores and net profit of Rs 1087 crores for the years 2021-22," the Department of Public Enterprises said in a Tweet on April 26. RVNL works as the construction arm of the Ministry of Railways. The company's dividend yield is 1.91 per cent. It recently paid an interim dividend of Rs 1.77 per equity share. In 2022, RVNL paid dividend on two occasions -- Rs 1.58 in March and Rs 0.25 in September. In 2021, the public sector company had paid dividend on two occasions, amounting to Rs 1.56.

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Shares of Rail Vikas Nigam Ltd (RVNL) gained for the second straight session today after the state-run firm won a Letter of Acceptance (LoA) from Ahmedabad Municipal Corporation (AMC). Sentiment around the stock also received a boost after a report said that the Modi government was planning to offload some of stake in listed railway companies to raise money.  The government set a disinvestment target of Rs 65,000 crore for the current fiscal in Budget 2022. RVNL shares hit an intraday high of Rs 40.15, rising 8.08 per cent against the previous close of Rs 37.15 on BSE.  Stock of Rail Vikas Nigam is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages. ALSO READ: RVNL has been awarded contract for Development of Kharicut Canal (Between Naroda Smashan Gruh & Vinzol Vehla) in AMC area Pakage 2 and 3 for which details of the contracts awarded are as under: Development of Kharicut Canal (Between Naroda Smashan Gruh & Vinzol Vehla) in AMC area Pakage 2: Kharicut Canal Development Navyug School Canal Crossing to Nidhipark Society (Ch. 2500 - Ch. 5000) at an awarded cost of Rs236,19,70,464.23. Development of Kharicut Canal (Between Naroda Smashan Gruh & Vinzol Vehla) in AMC area Pakage 3 : Kharicut Canal Development Nidhipark Society to Odhav Fire Station (Ch. 5000 - Ch. 7600) at an awarded cost of Rs248,00,83,364.78. In the first quarter of the current fiscal, net profit climbed 64.73 per cent to Rs 232.26 crore. The public sector enterprise under th...

Multibagger stock: Rail Vikas Nigam Limited (RVNL) is going to announce Q4 results today. However, ahead of Q4 results announcement, RVNL share price is witnessing strong buying interest among stock market bulls. RVNL share price today opened with an upside gap and went on to hit intraday high of ₹120.80 apiece levels on NSE logging over 4 per cent rise from its Friday close of ₹115.85 per share levels. Expecting further upside in this multibagger stock, Pravesh Gour, Senior Technical Analyst at ₹40 to ₹144 in the year 2022 to May 2023, we have seen some profit booking at the higher levels and retested its last breakout levels at ₹110 to ₹111 levels. Now it has witnessed a triangle formation pattern on the daily chart. The overall structure of the counter is lucrative; as it is trading above all the important moving averages (50, 100, and 200-DMA)." Swastika Investmart expert further added that RVNL share price has a psychological resistance level of ₹128 to ₹130 apiece levels. If the price manages to break above the ₹130 resistance level with conviction, it suggests increased bullish momentum and the potential for further upside. In the near term, this could lead to a target price of ₹140 or even higher. On the downside, if there is a correction, the major support level is identified at ₹110. RVNL share price history As mentioned earlier, RVNL shares are one of the ₹19.75 to ₹120.80 apiece levels, logging around 500 per cent rise in this time. LIC stake in RVNL According ...

Rail Vikas Nigam Ltd. engages in the development and construction of railway infrastructure. The firm also provides vital port linkage including the corridors connecting the port of Hinterlands. It railway projects include new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, and institution buildings. The company was founded on January 24, 2003 and is headquartered in New Delhi, India. Hello Everyone, I have tried to explain how to enter a stock which has already rallied. I have considered important levels for re-entry purpose. This idea is only for educational purpose & NOT a Buy Call! Hello Everyone, I have tried to explain how to enter a stock which has already rallied. I have considered important levels for re-entry purpose. This idea is only for educational purpose & NOT a Buy Call! I forgot to post this short term trade on trading view. I took some position near 56 region. Did not expect it will go this fast after the resistance. As per the chart it can go up to 178. I sold all my investment at 103 and left the profit for the moon bag. If the share goes to 178 will cut my full I forgot to post this short term trade on trading view. I took some position near 56 region. Did not expect it will go this fast after the resistance. As per the chart it can go up to 178. I sold all my investment at 103 and left the profit for the moon bag. If the share goes to 178 will cut my full RVNL ...

Shares of Rail Vikas Nigam Ltd resumed their upward move on Friday, halting their two-day fall. The stock today settled 4.33 per cent higher at Rs 107.64 over its previous close of Rs 103.17. The scrip touched its 52-week high of Rs 114.62 a couple of sessions earlier. At today's closing price of Rs 107.64, the counter has surged 271.17 per cent from its 52-week low of Rs 29, a level seen on June 21, 2022. The multibagger counter has gained 219.41 per cent in the past one year. Recently, Technical analysts largely remained mixed on the counter as one of them suggested booking profits at current levels and another analyst didn't advise fresh buying. On the other hand, a couple of analysts also hinted that more upside could be possible. "The stock has indicated resistance near the Rs 112-114 levels and the near-term support is visible near Rs 98 zone. The stock has witnessed a decent rally after the channel breakout was indicated and once the stock stabilises near Rs 98, the next round of momentum can be expected for a further target of around Rs 140," said Vaishali Parekh, Vice President - Technical Research at Prabhudas Lilladher. "RVNL looks bearish and overbought on the daily charts with strong resistance at Rs 115. Investors should book profits at current levels as a close below the support of Rs 100 could lead to 78 in the near term," said AR Ramachandran from Tips2trades. "The breakthrough above Rs 77 looks fantastic. The next target is Rs 188 in the following six mon...