RVNL, Rail Vikas Nigam Limited, is pivotal in India’s railway infrastructure development. From constructing new railway lines to modernizing existing ones, RVNL plays a crucial role in facilitating smoother and more efficient rail transport across the country.
Whether a stock market enthusiast or an investor, it is important to analyze RVNL’s share price in order to understand the company’s financial health market sentiments.
Analyzing a company’s share price can be difficult, especially if you are new to the stock market or possess limited knowledge about the nitty-gritty of the same. So, with the help of an expert stock market advisory firm, you can easily navigate through the stock market complexities and leverage from their in-depth analysis, insights and expertise to make an informed decision.
What is RVNL?
Rail Vikas Nigam Limited (RVNL) is a government-owned organization responsible for developing and implementing railway projects across India.
Established in 2003, RVNL operates under the Ministry of Railways, which is dedicated to enhancing the nation’s rail network. The company focuses on the construction of new railway lines, the doubling and electrification of existing lines, and the establishment of modern signaling and telecommunication systems.
As mentioned, RVNL operates under the Ministry of Railways and collaborates with various stakeholders, including state governments, private firms, and international organizations.
RVNL At a Glance:
| Company | Rail Vikas Nigam Limited (RVNL) |
| Industry | Civil Construction |
| BSE/NSE Code | BSE Code: 542649
NSE Code: RVNL |
| Current Market Price | 258.65 |
| Market Capitalization (in Cr.) | 533.45 |
| Price-to-earning (P/E) ratio | 40.51 |
| Return on Equity (ROE) | 19.34 |
Note: Source: BSE India. Prices taken as of 28th March 2024.
RVNL Share Holding Pattern
| Category of Shareholders | Shareholding as a % of the total no. of shares |
| (A) Promoter | 72.84 |
| (B) Public | 27.16 |
| (C1) Shares underlying DRs | 0.00 |
| (C2) Shares with Employee Trust | 0.00 |
| (C) Others (Non-Promoter Non-Public) | 0.00 |
Note: The data presented above shows the shareholder distribution as of December 2023. Please note that percentages may vary over time due to changes in shareholding patterns and corporate actions.
Exploring RVNL’s Share Price
| Year | RVNL Share Price |
| 28th March 2020 | ₹12.75 |
| 28th March 2021 | ₹29.20 |
| 28th March 2022 | ₹33.15 |
| 28th March 2023 | ₹66.20 |
| 28th March 2024 | ₹256.00 |
Note: Past performance may not be indicative of future results. Share prices are subject to fluctuations and market risks. Share prices are taken as of 28th March 2024.
How to Purchase RVNL Shares
RVNL is a publicly listed firm. Therefore, you can purchase RVNL shares and monitor the RVNL stock price. Here is a step-by-step instruction:
- Create a Demat Account: Your account will hold your RVNL shares.
- Open a Trading Account: This will be used to place your orders on the stock exchange.
- Deposit Funds: You can fund your trading account using various techniques.
- Create an Order: Look up RVNL’s stock symbol, enter the number of shares to buy or the investment amount, and make an order.
- Settlement: After execution, the RVNL shares are sent to your Demat account.
- Keep track of RVNL’s share price: Check the RVNL share price regularly and make informed decisions.
Possible Advantages of Investing in RVNL
Investing in RVNL can offer several advantages that can enhance your portfolio performance.
- Government support
- Stable growth possibility
- Dividend income
- Strong financials
Conclusion
We hope you now have a comprehensive understanding of RVNL and its share price. A stock’s share price fluctuates in response to various factors, such as market conditions, company performance, and economic indicators.
You can get guidance from a stock market advisory firm to stay informed about RVNL’s developments and market trends and make well-informed decisions regarding its shares.
