Rail Vikas Nigam Ltd. (RVNL) is a government-owned railway company. RVNL’s share price has increased by 1600% during the last four years.
The share prices began at Rs 31 on February 25, 2022, and have increased by more than 600% in two years.
RVNL shares have increased by 183% in the past year, starting at Rs 76.85 on January 16, 2023.
RVNL’s share price has increased by 1600% in the last four years, due to the railway sector’s stability, strategic investments, and involvement in significant development initiatives.
RVNL shares have surged due to market optimism and the company’s prospects. Brokerage companies have set a goal of Rs 500 for RVNL shares, showing continued investor interest and trust in its potential.
About Rail Vikas Nigam Ltd. (RVNL)
- Rail Vikas Nigam Limited (RVNL) was incorporated as a Public Sector Undertaking (PSU) in 2003 under the vision of then Prime Minister Bharat Ratna Late Shri Atal Bihari Vajpayee.
- The company aims to bridge the infrastructure deficit on Indian Railways and implement the National Rail Vikas Yojana (NRVY).
- The company focuses on various rail infrastructure projects as assigned by the Ministry of Railways.
- The company was granted Mini Ratna status in September 2013.
- RVNL has been rated “excellent” for nine consecutive years by the Department of Public Enterprises and ranked first among the railway PSEs for four out of the last five years.
- In FY23, Rail Vikas Nigam recorded revenues of Rs 212,780 million, reflecting a 5.4% increase from the Rs 201,819 million reported in FY22.
- The company’s mandate includes successful project development, financing, and implementation of rail infrastructure projects; mobilizing resources for project implementation; ensuring timely execution; maintaining a cost-effective organizational setup; encouraging public-private participation; and acquiring, purchasing, licensing, concessioning, or assigning rail infrastructure assets.
Business Offerings:
- New Lines: Expand India’s rail network by laying new lines.
- Doubling: Provides additional lines through doubling existing routes.
- Gauge Conversion: Converts meter-gauge lines to broad-gauge railway lines.
- Railway Electrification: Incorporates electrification in new rail projects.
- Metropolitan Transport Projects: The company sets up metro lines and suburban networks in metropolitan cities.
- Workshops: The company provides manufacturing facilities and workshops for repairing and manufacturing rolling stock.
Management of RVNL
Registered Address of RVNL
1st Floor, August Kranti Bhawan,
Bhikaji Cama Place, R.K. Puram,,
New Delhi
Delhi
110066
Tel: 011-26738299
Fax: 011-26182967
Email: info@rvnl.org
Website: http://www.rvnl.org
Industry Type
Sector –Construction
Sub Sector -Civil Construction
Classification – Largecap
Industry Name – Construction
BSE Scrip Code – 542649
NSE Scrip code – RVNL
ISIN –INE415G01027
Pros & Cons of RVNL
Historical Performance
Years | Low | High |
1 Year | 56.05 | 230.50 |
3 Years | 26.35 | 230.65 |
5 Years | 10.00 | 230.65 |
Investment Returns
Period | Returns |
1 year | 187.30% |
2 Years | 474.61% |
3 Years | 599.37% |
4 Years | 773.86% |
5 Years | 1058.27% |
Technical Analysis of RVNL
Chart
Moving Averages
Period | Value | Signal |
5-EMA | 195.87 | Bullish |
10-EMA | 190.69 | Bullish |
20-EMA | 185.15 | Bullish |
50-EMA | 175.63 | Bullish |
100-EMA | 163.22 | Bullish |
200-EMA | 140.66 | Bullish |
Technical Indicators
Indicator | Value | Action |
RSI (14) | 76.55 | Neutral |
ATR (14) | 6.85 | Range |
STOCH (9,6) | 88.13 | Overbought |
STOCHRSI (14) | 100.00 | Overbought |
MACD (12,26) | 6.52 | Bullish |
ADX (14) | 27,78 | Trend |
Fundamental Analysis of RVNL
Peer Comparison
Shareholding Pattern of RVNL
Last 5 Years’ Sales (In Cr.)
March 2019 | March 2020 | March 2021 | March 2022 | March 2023 |
10,069 | 14,531 | 15,404 | 19,382 | 20,282 |
Last 5 Years’ Net Profit (In Cr.)
March 2019 | March 2020 | March 2021 | March 2022 | March 2023 |
688 | 757 | 992 | 1,110 | 1,421 |
Last 5 Years’ Borrowings
March 2019 | March 2020 | March 2021 | March 2022 | March 2023 |
3,024 | 4,257 | 5,931 | 6,643 | 6,441 |
Compounded Sales Growth
10 Years: | % |
5 Years: | 22% |
3 Years: | 12% |
TTM: | 1% |
Compounded Profit Growth
10 Years: | % |
5 Years: | 20% |
3 Years: | 23% |
TTM: | 10% |
CAGR
10 Years: | % |
5 Years: | % |
3 Years: | 91% |
1 Year: | 177% |
Return on Equity
10 Years: | % |
5 Years: | 18% |
3 Years: | 19% |
Last Year: | 21% |
Revenue and Profit Trend
Financial Year | Revenue Growth | Profit Growth |
FY 2022-23 | 4.64% | 16.61% |
FY 2021-22 | 25.82% | 15.61% |
FY 2020-21 | 6.01% | 19.08% |
FY 2019-20 | 44.44% | 30.21% |
FY 2018-19 | 33.13% | 29.16% |
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Conclusion
This is a comprehensive guide to Rail Vikas Nigam Ltd. (RVNL). The above-mentioned data is as of January 15, 2024. These figures and projections are based on our research, analysis, company fundamentals and history, experiences, and numerous technical analyses. In addition, we have discussed in depth the share’s prospects and growth potential. Hopefully, these details will be useful in your future investments. If you’re new to our website and want to stay up-to-date on the newest stock market news, join our Telegram group. If you have any further questions, please leave them in the comments section below. We will gladly address all of your inquiries. If you enjoyed this information, please share it with as many people as possible.
Disclaimer: Dear Readers,
- We are not authorized by SEBI (Securities and Exchange Board of India).
- The information provided above is for educational purposes and should not be considered financial advice or stock recommendations.
- Share price predictions are for reference purposes and are based on positive market indicators.
- The analysis does not account for uncertainties about future or current market conditions.
- The author, brokerage firm, or Finreturns.com are not liable for losses resulting from decisions.
- Finreturns.com advises consulting with certified experts before investment decisions.
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