Shares of Rail Vikas Nigam have given tremendous returns in long and short term. During the Corona period, this stock was available at around Rs 14, but today its price has reached Rs 169. In such a situation, you can estimate its returns.
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Investors have thousands of options to invest money in the stock market. But, a wise investor always invests in a company which is performing well in its sector and is likely to grow significantly in the future. One such stock is in discussion these days. This stock coming from the railway sector is being discussed a lot because it has doubled the investors’ money in just 6 months.
Meanwhile, another good news has come regarding the shares of Rail Vikas Nigam. Actually, the company has received work worth about Rs 1097 crore from the Himachal Pradesh government. This order has been received for infrastructure development in the South Zone of the state. Due to this news, investors have again shown interest in this stock. On Friday, a rise of about 2 percent was seen in the shares of Rail Vikas Nigam Limited. The current price of the stock is Rs 169.30.
In the last 1 month, the shares of Rail Vikas Nigam Limited have given a multibagger return of 22 percent, while in the last 6 months this share has reached Rs 169 from the level of Rs 77. During this period, investors have got a bumper return of 125 percent.
At the same time, in the last 1 year, the shares of Rail Vikas Nigam Limited have given a return of 372 percent to the investors, whereas in 5 years this figure was 757 percent.
During the huge fall in the stock market during the Corona period, on March 20, 2020, the shares of Rail Vikas Nigam had reached the level of Rs 14 per share. But, now they are trading at the level of Rs 169. During this period, RVNL shares have given a bumper return of 1300 percent.
Disclaimer: The information given here is based on the performance of the stock. Since investing in the stock market is subject to market risk, please consult a certified investment advisor before investing. News18 Hindi will not be responsible for any loss caused to you.