businessFinance

This railway stock has delivered 92 percent gains in last 1 month

The shares of the government company Rail Vikas Nigam Limited (RVNL) are moving like a freight train. Shares of this rail company closed at Rs 141.85 on Friday, up 9.6 per cent. In the last 5 days, there has been a jump of 31% in the shares of the company. The shares of the company were at the level of Rs 108.32 on the Bombay Stock Exchange (BSE) on 28 April 2023, which has reached Rs 141.85 on 5 May 2023. Shares of Rail Vikas Nigam also hit a new 52-week high of Rs 142.25 on Friday.

Shares rise 92% in 1 month

Shares of Rail Vikas Nigam Limited were at Rs.73.64 on BSE as on 6th April, 2023. The company’s shares reached Rs 141.85 on 5 May 2023. The shares of the state-owned railway company have gained 92.6% in the last one month. At the same time, in the last 6 months, there has been a jump of about 180% in the shares of Rail Vikas Nigam. The 52-week low level of Rail Vikas Nigam Limited’s shares is Rs 29. The company has recently got Navratna status and has become the 13th Navratna company.

Shares of Rail Vikas Nigam Limited (RVNL) were at Rs 12.80 on the Bombay Stock Exchange on March 27, 2020. The shares of the Government Rail Company closed at Rs 141.85 on BSE on 5 May 2023. The shares of the company have given a return of 1008% during this period. At the same time, in the last one year, the shares of Rail Vikas Nigam have risen by 337%. The shares of the company have increased from Rs 32.40 to Rs 141.85 during this period.

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