RVNL Share Price Surges by 3% to Reach ₹626.65
RVNL (Rail Vikas Nigam Limited) saw a significant increase in its share price on Tuesday, reaching ₹626.65 after a 3% jump. The surge in RVNL shares was attributed to a large order received by the company. RVNL has emerged as the lowest bidder for a project in Himachal Pradesh, signaling positive growth for the company.
RVNL Completes ₹739 Crore Project, Expects Completion in Next 24 Months
RVNL recently completed a ₹739 crore project in Himachal Pradesh and expects it to be fully operational in the next 24 months. The company has also announced that its financial report for the quarter ending June 2024 will be released during the board meeting scheduled for August 8th.
RVNL Share Price Drops by 1.35% to Trade at ₹593
On Wednesday, RVNL shares experienced a slight dip, falling by 1.35% to trade at ₹593. Despite this, RVNL shares have delivered impressive returns to investors in a short span of time.
RVNL Shares See Over 4750% Return in 4 Years
Investors in RVNL have witnessed remarkable growth, with the company’s shares delivering over 4750% return in just 4 years. Those who invested ₹1 lakh in RVNL shares on March 27, 2020, would have seen their investment grow to nearly ₹49 lakhs today.
RVNL Shares Witness More Than 400% Growth in Past Year
RVNL shares have shown exceptional growth in the past year, with an increase of over 400%. The company’s shares traded at ₹124.10 on July 31, 2023, and have now reached ₹626.65 as of July 30, 2024.
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