Rail Vikas Nigam Shares: Rail Vikas Nigam is one of the companies which has given excellent returns in the stock market during the last one year. The share price of the company has again seen an increase today. The reason behind the increase in the company’s shares is the Rs. 38 crores worth of work.
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In BSE today the shares of the company are Rs. opened at 368.25. The company’s intra-day high today rose 8.32 percent to Rs. was 382.90. Around 10 am, the stock rose 7 percent to Rs. was at 377.90.
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The company has received work worth crores of rupees
The company received from South East Central Railway Rs. 38.10 crore work has been received. The company has to carry out signaling and interlocking work in Bilaspur division. This work is to be completed in 15 months. The company has many major functions.
Good performance in stock market
The stock price of Rail Vikas Nigam has seen an increase of 33.30 percent in the last one month. In the last 6 months, the share price of the company has recorded an increase of more than 112.80 percent. Investors’ money has more than doubled during this period. The stock price has increased by 223.90 percent in the last one year.
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On Monday, the company’s share reached the level of Rs 424.95. This is the company’s highest level ever. The company’s shares are still 10 percent off their 52-week high. Let us tell you that the 52-week low of the Rail Vikas Nigam stock is Rs 116.17. The market cap of the company is Rs. 79,533.90 crores.
The total share of the government in this government company is 72.80 percent. While the share of public is 18.66 percent.