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Rail Vikas Nigam Share Price: By the way, these days the shares related to railways are giving bumper returns to the investors in the stock market. But there is one stock which has earned. In the last two months, this stock attached to the railway has become a rocket. We are talking about the shares of Rail Vikas Nigam Limited (Rail Vikas Nigam Share).
You will be surprised to know that only two months ago, on March 1, 2023, the stock of Rail Vikas Nigam Limited closed at Rs.58. Which increased to the level of Rs 144 on 8 May 2023. That is, in just two months, the share of RVNL has given a return of 149 per cent to the investors. In Monday’s trading session, the stock opened at Rs 142, which rose to Rs 144.40. However, at the close of the market, the share of RVNL closed at Rs 135, down 4.69 per cent.
A year ago, the stock of Rail Vikas Nigam Limited was trading around Rs.29. The stock has given 82.88% return in one month, 316% in one year, 166% in 6 months, 62% in one month and 40% in one week. At the same time, the stock 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 company of Indian Railways which works on projects related to railways. The company has bid to make 200 Vande Bharat trains in collaboration with the Russian company. Together with Siemens, the company has also bid for the Mumbai Metro. Rail Vikas Nigam Limited is also bidding for rail projects in other countries. However, if experts are to be believed, the way Rail Vikas Nigam Limited is working on its expansion plan, the stock has the potential to go up further.
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