Monday, January 30, 2023

Rail Vikas Nigam Ltd Shares Turns Money To Double In 1 Month Know Details

Multibagger Stocks RVNL Share: The shares of Rail Vikas Nigam Ltd Shares, a public sector company, have given strong returns to their investors in a short span of time. Today i.e. on Tuesday, a fall in its shares has been recorded. The stock of Rail Vikas Nigam Limited closed at Rs.77.60. Whereas yesterday i.e. on Monday, November 29, 2022, these stocks touched the heights of Rs.80.60. Yesterday, a total gain of 9.35 per cent was seen in the stock and it closed at Rs 80.10. On the other hand, if we talk about one month, then this share has increased up to 99 percent. In such a situation, the investors’ money has doubled in just one month. In such a situation, this share of Bombay Stock Exchange is included in the category of multibagger shares.

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Rail Vikas Nigam Limited gave strong returns to investors
Shares of Rail Vikas Nigam Ltd (Rail Vikas Nigam Ltd Shares) are considered as multibagger shares as it has given strong returns to the investors in the last 5 trading sessions. It has given a return of around 30 per cent in five trading sessions. Talking about the last one month, a rise of about 97 percent has been recorded in it. At the same time, in the last month, investors have been given a return of about 148 percent. If we talk about the year 2022, then this share has increased up to 122 percent. If we talk about the record of the last one month, then this total has increased by 141 percent.

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Investors got strong returns in a month-
Let us tell you that a month ago the share price of Rail Vikas Nigam Limited was at Rs 40.65, which has now increased to Rs 80 yesterday. Today it has reached Rs 77.60. In such a situation, if an investor had invested Rs 1 lakh, then it would have increased to Rs 1.90 lakh. On the other hand, if we talk about the last 5 years, then the investment of 1 lakh would have increased to 4 lakh rupees.

Details of Rail Vikas Nigam Limited Company-
Rail Vikas Nigam Limited (RNVL) works on many types of railway projects. These projects are to increase the speed of trains, to lay new railway lines, to complete electrification work in railways, to construct bridges, to double the railway line, etc. With this, on November 11, the company had told that it had got a big contract in Maldives. This project is worth Rs 1,544.60 crore. Along with this, let us tell you that RVNL is the main business partner of Indian Railways.

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Disclaimer: (The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com It is never advised to invest money here.)

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