In fact, a bumper rise is being seen in the shares of Railways. Last Friday the share had closed around Rs 161. The stock has increased by more than 300% in a year. Investors have made good profits from this. The company has also received big orders.
There was a sudden rise in the stock
There are some stocks in the share market which have made investors rich. This is one such railway stock giving bumper returns to investors. There is a strong rise in these shares these days. In the last one year, these shares had risen by more than Rs 300. If we pay attention to the Government Railway Vikas Nigam share, the share had seen a huge rise on last Friday, the last day of the trading week.
Company got big order
ShayIn the information given to the markets, Rail Vikas Nigam has said that on behalf of the joint venture, the company has got the opportunity to make a package in the green field of Six National Highways in Calcutta, Ranchi and Varanasi. There has been a bumper rise in the company’s shares. The total stake of the railway company in this joint venture is 49%. According to media reporters, the cost of this project is Rs 1271,98,50,000 crore.
investors became rich
Last Friday, it had closed at the level of Rs 166.85 in BSE. The company’s shares had risen by Rs 375 in the last year. Investors have made good profits in these railway shares. The company’s market is worth Rs 34.788.56 crore.
What is the opinion of railway sector experts?
LikeThe year 2023 is proving to be great for the stock market. Amidst the rise in the market, Sensex and Nifty are continuously making records. There are some sectors in the market which have seen bumper growth. Railway sector shares have given excellent returns. The amount invested in these shares has increased by two percent. Even going forward, experts are bullish on this.
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