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Railway Stock: Railway Vikas Nigam shares are one of the railway stocks that have dominated the stock market in the last one year. The share price of the company has seen an increase of more than 100 percent in just 6 months. There is good news regarding the company. According to information provided to the stock markets, the Railway Development Corporation has said that it has placed the lowest bid for 6 stations of the Maharashtra Metro.
What is the matter?
On August 30, the company told stock exchanges that it had placed the lowest bid for its portion of the metro project in Maharashtra. The winning company of this project is to construct 6 elevated metro stations between Pili Nadi and Lekha Nagar. The lower cost of the project is said to be Rs 256 crore. Let us tell you that the lowest bid means that the company will complete the project at the lowest cost compared to other companies.
This cheap stock is cutting the rebellion, price below Rs 10, upper circuit again today
Preparing to distribute dividends? (RVNL Dividend Record Date)
There is good news for the shareholders of Rail Vikas Nigam. The company is going to distribute the dividend in the near future. The record date for this has been announced as 20 September 2023. Let us tell you that the company’s AGM will be held on September 27. In this it will be known how much rupees the company is giving as dividend to its investors.
Shares rose again today (Rail Development Corporation Share Price News)
Shares of Rail Vikas Nigam rose 2.45 percent on BSE on Thursday at Rs. It touched an intra-day high of 132.80. The share price of the company has seen an increase of almost 300 percent in the last one year. Let it be said that the 52-week high of Rail Vikas Nigam in BSE is Rs 146.65 per share. While the 52 week low is Rs.32.60.