Multibagger Inventory: 1493% Return of 1493% in 5 years, Railway Firm will get a brand new order of Rs 400 crore – INA NEWS
Multibagger Inventory: Public Sector Railway Firm Rail Growth Company Restricted (Rvnl) It has acquired a brand new order of Rs 404 crore. The corporate’s shares have fallen by 1.73 per cent on February 4 as we speak and this inventory has closed at Rs 400.20 on BSE. RVNL shares have seen a pointy decline in the previous couple of days. This inventory has damaged greater than 15 p.c over the last three enterprise days. With this decline, the corporate’s market cap has come right down to Rs 83442 crore.
RVNL will get particulars associated to order
RVNL mentioned on 4 February that it acquired a brand new order from the East Coast Railway for the Koraput-Singapur Highway Dabbling Undertaking in Odisha. The challenge consists of development of 27 main bridges, together with 22 bridges and 5 highway over bridges (ROBs). Other than this, it is going to additionally do financial system, safety works and plenty of different features for the development of strategy paths. This development shall be completed between Tikiri and Bhalumaska stations.
It’s a part of the Koraput-Sangapur Highway Dabbling Undertaking within the Waltaire Division of East Coast Railway. The full value of the challenge is ₹ 404.4 crore (together with GST), and it’s to be accomplished inside 30 months.
RVNL gave 1,493 p.c return in 5 years
RVNL shares have fallen by 2 per cent within the final one month. On the identical time, this inventory has misplaced 27 p.c within the final 6 months. Up to now this yr, this inventory has fallen by 6 p.c. Nonetheless, it has given a return of 42 per cent within the final one yr. On the identical time, it has given a powerful return of 1,493 p.c within the final 5 years.
Disclaimer: Right here data offered is given on the idea of share efficiency. It’s essential to state that the funding out there is topic to market dangers. All the time seek the advice of consultants earlier than investing cash as an investor. There may be by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.
Multibagger Inventory: 1493% Return of 1493% in 5 years, Railway Firm will get a brand new order of Rs 400 crore
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