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RVNL Target Price: Over the past year, one company has changed the fortunes of investors. We are talking about Rail Vikas Nigam Ltd. In September last year, the company’s shares were Rs. were trading at the level of 32.60. But on Friday, the share price of the company reached the level of Rs 138.25. Running at the speed of a bullet train, this stock has returned 300 percent to the investors placed so far. While Sensex has seen an increase of 11.27 percent during this period.
5000 crore work, seeing the strong performance saw a rush to buy shares of the company
Stocks also saw a surge on Friday
Shares of Rail Vikas Nigam opened at Rs 131.95 on Friday. In no time, the stock gained 6.10 percent to Rs. Started trading at an intra-day high of 139. Currently the company’s market cap on BSE is Rs. 28,825 crores. Rail Vikas Nigam currently has good big work orders. Due to which experts are seeing a boom in this stock.
Money doubles in 6 months, company announces dividend, investors are not willing to sell shares
The share price is Rs. 179 (Rail Development Corporation Limited Target Price)
According to a Business Today report, Aditya Gagar, director of Progressive Shares, says that the share price of Rail Vikas Nigam could go up to the level of Rs 179. Experts believe that the share price of the company may increase in the coming week. Let us tell you that in the last 3 years, the stock of Rail Vikas Nigam has seen an increase of 500%.