Shares of Rail Vikas Nigam Limited have become a rocket. Shares of Rail Vikas Nigam rose by more than 7% on Friday to reach Rs 452. The company’s shares have reached their all-time high. This rise in the company’s shares has come after a deal. Rail Vikas Nigam Limited has entered into a Memorandum of Understanding (MoU) with Delhi Metro Rail Corporation (DMRC). This agreement has been made for participation in upcoming projects in India and abroad. The company can be involved as a project service provider for metro, railways, high speed rail, highways, mega bridges, tunnels, institutional buildings, workshops or depots and railway electrification.
Shares jumped 263% in one year
Shares of Rail Vikas Nigam Limited (RVNL) have jumped 263% in the last one year. The shares of the rail company were at Rs 124.10 on July 5, 2023. Shares of Rail Vikas Nigam have reached Rs 452 on 5 July 2024. In the last 6 months, the shares of Rail Vikas Nigam Limited have increased by 145%. The shares of the company have increased from Rs 184 to Rs 450 in 6 months. The 52-week low level of the company’s shares is Rs 117.05.
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Company’s shares rose 1400% in 2 years
Shares of Rail Vikas Nigam Limited (RVNL) have risen more than 1400% in the last 2 years. The shares of the rail company were at Rs 30 on July 1, 2022. The shares of the company have reached Rs 452 on July 5, 2024. In the last 3 months, the shares of Rail Vikas Nigam Limited have increased by more than 70 percent. The company’s shares were at Rs 264.10 on April 5, 2024. The shares of the railway company have reached Rs 452 on 5 July 2024. The shares of Rail Vikas Nigam Limited have seen a jump of 28% in the last one month.
This small company got 2 orders at once, two giants have millions of shares of the company