Multibagger Stock RVNL: There is good news for those investing in the stock market. These days a railway stock has given huge profit to the investors.
Today we are going to tell you about such a railway stock (Indian Railways Stock), which has given investors a return of 25.16% in the last 5 days. The name of this share is Rail Vikas Nigam (RVNL Share). The stock had closed at the level of Rs 130 on Wednesday and today the company’s stock is trading at the level of Rs 128.35.
Stock has increased by 152 percent
Let us tell you that the stock of the company has increased by 25.16 percent i.e. Rs. 25.80 in the last 5 days. At the same time, in the last one month, the stock has increased by 70.68 percent i.e. up to Rs 53.15. Apart from this, the stock has increased by 152.66 percent in the last 6 months. During this period the share price has risen by Rs 77.55.
How much has the stock increased in YTD time?
In YTD time, the stock is witnessing a growth of 87.24 percent. On January 2, the company’s share was at the level of Rs 68.55 and in YTD time the share has increased to Rs 59.80.
What is the business of rail development?
Let us tell you that Rail Vikas Nigam, this company is engaged in the work of railway projects. Under this, establishment of new lines, doubling, railway electrification, metro projects, construction of major bridges, workshops, cable stay bridges and institution buildings.
Shares doubled in 20 days
The market value of shares has increased by 20.38 per cent in the last week and 67.35 per cent in the last month. The stock has doubled in last 20 days. RVNL stock is trading at FY25 EV/EBITDA of 10.9X, which is higher than the long-term average of 7.0X, according to Vineet Bolinjkar, Head of Research, Ventura Securities.
(Disclaimer: Here only the performance of the stock is given, it is not an investment advice. Investing in the stock market is subject to risk and you should consult your advisor before investing.)
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