Shares of Rail Vikas Nigam Limited (RVNL) have gained the speed of bullet train. The shares of the railway company rose on Friday to reach Rs 288.65. This is both a new 52-week high and lifetime high level for the shares of Rail Vikas Nigam Limited. Shares of the rail company had closed at Rs 243.70 on Thursday, January 18. The shares of the railway company have increased by more than 2100% in the last 4 years. The rail company recently formed a joint venture with Jackson Greene to explore opportunities in solar power projects. The rail company has also formed a subsidiary in South Africa.
There has been a tremendous rise in the shares of Rail Vikas Nigam Limited (RVNL). Shares of the government company were at Rs 12.80 on March 27, 2020. Shares of Rail Vikas Nigam Limited have reached Rs 288.65 on 19 January 2024. The company’s shares have risen by more than 2100% in the last 4 years. The 52-week high level of shares of Rail Vikas Nigam Limited is Rs 288.65. At the same time, the 52-week low level of the company’s shares is Rs 56.15.
Company’s shares rose by 390% in 10 months
Shares of Rail Vikas Nigam Limited (RVNL) have jumped 390% in the last 10 months. Shares of the government company were at Rs 57.50 on 28 February 2023. Shares of Rail Vikas Nigam Limited have reached Rs 288.65 on 19 January 2024. At the same time, in the last 6 months, the shares of the company have increased by a tremendous 140%. The company’s shares have increased from Rs 119.90 to Rs 288.65 during this period. In the last one month, the shares of the railway company have seen a rise of almost 60%. The company’s shares have risen by nearly 40% in the last 5 days.