Rail Vikas Nigam Ltd (NSE: RVNL): On Wednesday, BSE Sensex was working at the level of 72,623.09 points with a fall of 434 points while Nifty was working at the level of 22,055.05 points with 141.90 points down.
During the period of strong functioning of the stock market, slight weakness was recorded in the shares of RVNL and it was trading at the level of Rs 261.20.
The 52-week high of shares held by Rail Vikas Nigam Limited was 345.50, which has a market cap of approximately ₹ 54,294 crore, while the 52-week low is just Rs 56.
Share of Rail Vikas Nigam Limited has given investors a return of 110 percent in the last 6 months from a low of Rs 124, while in the last 1 year, it has given a bumper return of 319.26 percent from a low of ₹ 66.
The shares of Rail Vikas Nigam Limited was at a low level of ₹ 20 on April 12, 2019, from where investors got a bumper return of 1250 percent.
Many stock market experts say that the share of Rail Vikas Nigam Limited has given considerable returns in the recent past, hence the shares are not expected to give much returns in the current financial year.
The order book of the Indian Railways company has crossed Rs 65000 crore. The company says that 50% of these orders are for railway projects. Rail Vikas Nigam Limited is now working in other segments and is focusing on making projects abroad.
Stock market experts say that in the last 8-10 months, railway shares have given bumper returns to investors and now there is a need to keep a very careful eye on these shares.
Experts say that the order book of RVNL is strong, and the company can register good profits this year. Rail Vikas Nigam Limited is expected to get a lot of help from India Middle East Europe Economic Corridor.
Along with this, Rail Vikas Nigam Limited is also going to get a lot of help from Vande Bharat. The target of shares of Rail Vikas Nigam has been kept at ₹ 300.
About Rail Vikas Nigam Ltd
The company was incorporated on 24.01.2003 and became fully operational after the appointment of all Directors of the Board in March 2005.
RVNL implements projects by awarding contracts on a turnkey basis to international norms and practices.
Additionally, 5 Workshop Projects and one cable bridge with a stayed structure have been completed.
The projects are currently being implemented by 36 PIUs scattered across the nation.
RVNL is also an Equity Part of an SPV that includes 12 major Ports under the Ministry of Shipping.
RVNL has managed to attract an investment of 6,139 crores. The RVNL/HSRC was tasked to conduct feasibility studies of HSR corridors that run between Mumbai and Chennai, Delhi Amritsar, Delhi Kolkata, and Delhi-Mumbai.
Fundamental Analysis of Rail Vikas Nigam Ltd
| Market Cap | ₹ 55,034 Cr. |
| Current Price | ₹ 261.20 |
| 52-wk High | ₹ 346 |
| 52-wk Low | ₹ 56.0 |
| Stock P/E | 37.9 |
| Book Value | ₹ 37.9 |
| Dividend | 0.78 % |
| ROCE | 17.8 % |
| ROE | 20.8 % |
| Face Value | ₹ 10.0 |
| P/B Value | 7.01 |
| OPM | 6.08 % |
| EPS | ₹ 6.98 |
| Debt | ₹ 5,981 Cr. |
| Debt to Equity | 0.76 |
Rail Vikas Nigam Ltd (RVNL) Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 254 | ₹ 310 |
| 2025 | ₹ 380 | ₹ 422 |
| 2026 | ₹ 480 | ₹ 525 |
| 2027 | ₹ 600 | ₹ 634 |
| 2028 | ₹ 750 | ₹ 800 |
| 2029 | ₹ 860 | ₹ 980 |
| 2030 | ₹ 1050 | ₹ 1200 |
Rail Vikas Nigam Ltd Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 72.84% |
| Mar 2023 | 72.84% |
| June 2023 | 72.84% |
| Sept 2023 | 72.84% |
| Dec 2023 | 72.84% |
| FII Holding | |
| Dec 2022 | 2.45% |
| Mar 2023 | 1.53% |
| June 2023 | 1.75% |
| Sept 2023 | 2.32% |
| Dec 2023 | 2.59% |
| DII Holding | |
| Dec 2022 | 6.45% |
| Mar 2023 | 6.51% |
| June 2023 | 5.75% |
| Sept 2023 | 5.83% |
| Dec 2023 | 6.08% |
| Public Holding | |
| Dec 2022 | 12.92% |
| Mar 2023 | 13.76% |
| June 2023 | 14.30% |
| Sept 2023 | 19.01% |
| Dec 2023 | 18.50% |
Rail Vikas Nigam Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 10,069 Cr |
| 2020 | ₹ 14,531 Cr |
| 2021 | ₹ 15,404 Cr |
| 2022 | ₹ 19,382 Cr |
| 2023 | ₹ 20,895 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 688 Cr |
| 2020 | ₹ 757 Cr |
| 2021 | ₹ 992 Cr |
| 2022 | ₹ 1,110 Cr |
| 2023 | ₹ 1,455 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.69 |
| 2020 | 0.83 |
| 2021 | 1.02 |
| 2022 | 1.03 |
| 2023 | 0.87 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | 20% |
| 3 Years: | 23% |
| Current Year: | 1% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | 18% |
| 3 Years: | 19% |
| Last Year: | 21% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | 22% |
| 3 Years: | 12% |
| Current Year: | -1% |
Conclusion
This article is a complete guide about Rail Vikas Nigam Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
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