Stock price of rvnl

"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. The stock's long term and medium term momentum indicators like the 14-month RSI and 14-week RSI are not yet very overbought, suggesting scope for more upsides in the stock. The 14-month RSI is currently at 76.1 after recently touching a high of 83.16. The 14 week RSI is at 79.06 after recently touching a high of 92.64. He said that this week's 52-week high was also accompanied with huge volumes, indicating that there has been significant accumulation by investors. Furthermore, applying the Fibonnaci extension studies, the 61.8 per cent extension of the upmove from June 2022 to December 2022 and the dip to March 2023 comes to around 120, which is almost 20 per cent higher from current levels. RVNL's dividend yield is 1.91 per cent. The company which works as the construction arm of the Ministry of Railways recently paid an interim dividend of Rs 1.77 per equity share. Last year, 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.

• The company has shown a good profit growth of 21.4712682646906% for the Past 3 years. • The company has shown a good revenue growth of 24.431233081268% for the Past 3 years. • The company has an efficient Cash Conversion Cycle of 18.7704180900447 days. • Company has a healthy liquidity position with current ratio of 2.06100226089656. • The company has a high promoter holding of 78.2%. • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.11584765839854. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 6437.64 4640.75 4908.9 5010.67 5721.25 Total Expenditure 6030.41 4360.12 4592.61 4735.9 5348.85 Operating Profit 407.23 280.63 316.29 274.77 372.4 Other Income 219.65 241.17 217.69 283.84 261.24 Interest 146.19 157.29 130.83 146.94 146.31 Depreciation 7.36 5.95 4.82 5.67 5.82 Exceptional Items 0 0 0 0 0 Profit Before Tax 473.33 358.56 398.33 406 481.51 Tax 101.32 75.46 99.75 64.98 136.23 Profit After Tax 372.01 283.1 298.58 341.02 345.28 Adjusted EPS (Rs) 1.78 1.36 1.43 1.64 1.66 Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.) PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Net Sales 7556.56 10060.07 14530.58 15403.65 19381.71 Total Expenditure 7174.01 9529.11 13744.05 14523.54 18200.26 Operating Profit 382.55 530.97 786.53 880.11 1181.45 Other Income 325.23 351.28 324.44 756.62 809.26 Interest 145.16 130.62 99.85 458.14 563.71 Depreciation 4.83 5.74 20.29 22.92...

The Rail Vikas Nigam Limited stock price fell by -0.647% on the last day (Thursday, 15th Jun 2023) from ₹123.70 to ₹122.90. During the last trading day the stock fluctuated 2.16% from a day low at ₹122.65 to a day high of ₹125.30. The price has fallen in 7 of the last 10 days but is still up by 3.76% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -5 million shares and in total, 9 million shares were bought and sold for approximately ₹1.09 billion. Ready to grow your portfolio? RVNL.NS Signals & Forecast The Rail Vikas Nigam Limited stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately ₹124.29. On a fall, the stock will find some support from the long-term average at approximately ₹121.02. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short...

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Should you Accumulate RVNL Stocks? Rail Vikas Nigam Ltd. or RVNL shares were trading higher on Thursday after it received Letter of Award (LoA) from North Western Railway for provision of Automatic Block Signalling on Madar-Sakhun Section (51.13 Kms) of Jaipur Division over North Western. The cost of the project is Rs 63.8 crore. Last month, the company emerged as L1 bidder for Rs 1,088.49-crore project. RVNL has emerged as the lowest bidder (L1) for the composite contract package in connection for the new BG railway line of the HORC project of the Haryana Rail Infrastructure Development Corporation. The cost of the project is Rs 1,088.49 crore and the project is expected to be executed within 1,460 days. The composite contract package in connection with new BG Railway Line of HORC project, including, design and construction of twin tunnel using NATM and cut and cover method from 24.880km to 29.580km and design nd installation of ballast less track (excluding supply of rails) from 24.856 km to 29.680 km. Also, detailed design, supply, installation, testing and commissioning of general electrical services, including supply, erection, testing and commissioning of 11 kV HT/LT power and control cable network, GIS substation (11/0.433) kVA. tunnel lighting system, etc. from km 24.880 to km 29.680. The President of India has approved the appointment of Shri AK Khandelwal, Principal Executive Director (GS), Railway Board as part-time government director on the board of Rail Vikas...

Multibagger smallcap stocks held by mutual funds have delivered bumper returns to investors over the last two years. Active fund managers still continue to hold these stocks in their portfolios even though they went up multi-fold. Here are some multibagger small-cap stocks that have rallied up to 1,100% in the last two years Multibagger stocks: Returns over 1,000% Shares of Rama Steel Tubes have rallied more than 175% in the last one year. The stock has surged over 1,100% in the two years, and around 469% in the last five years, delivering bumper returns to long-term investors. It has price-to-earnings (P/E) multiple of 64.1, and price-to-book value of 6.8. YTD, the stock has jumped 10% Rama Steel Tubes shares Shares of Titagarh Wagons have rallied more than 287% in the last one year. The stock has surged over 656% in the two years, and around 316% in the last five years, delivering bumper returns. It has price-to-earnings (P/E) multiple of 38.2, and price-to-book value of 5.16. YTD, the stock has jumped 83% Titagarh Wagons shares Shares of TD Power Systems have rallied more than 151% in the last one year. The stock has surged over 442% in the two years, and around 589% in the last five years, delivering handsome returns to investors. It has price-to-earnings (P/E) multiple of 35, and price-to-book value of 5.6. YTD, the stock has jumped 70% TD Power Systems shares Shares of Apar Industries have rallied more than 297% in the last one year. The stock has surged over 469% in...

Rail Vikas Nigam’s share price surged 73% over the past month as the freshly crowned ‘Navratna’ bags orders worth thousands of crores on the government’s infrastructure push for railways. From the closing price of Rs 75.2 per equity share on 3 April, the scrip touched an intraday high of Rs 130.1 on the NSE, hitting its upper circuit of 10%. Rail Vikas Nigam achieved a significant milestone by being conferred with Navratna status, making it the 13th Central Public Sector Enterprise (CPSE) to attain this recognition. Prior to this, the Navratna status was granted to Engineers India in 2014. On Tuesday, RVNL emerged as the lowest bidder for two large-scale projects across Chennai and Rajasthan, with the total consideration of both projects in the thousands of crores. Impact of government capex on RVNL According to Manish Chowdhury, the Head of Research at Stoxbox, RVNL stock has nearly doubled in a month due to several factors, such as anticipated growth in railway infrastructure spending. While the railway sector is likely to be in a favorable position in the coming years owing to the government’s strong capex plans, Chowdhury believes that the current rally in RVNL may not be suitable for new investors due to its overextended nature. Stocks To Watch: Adani Enterprises, Reliance Industries, Kotak Mahindra Bank, Zomato, Anupam Rasayan “The outlook for the long term would be re-rated post the change in status and likely to benefit from the Government Infra capex push. Investo...