Railway PSU Inventory Underneath Rs 450: RVNL shares surge over 10% on contemporary contract win

RVNL Share Worth: Rail Vikas Nigam (RVNL) inventory gained over 10 per cent within the early commerce on Friday, i.e. on Could 16, 2025. The scrip opened in inexperienced at Rs 381.40 on the BSE in opposition to the earlier shut of Rs 375.90. It gained additional to the touch the intraday excessive of Rs 415. It is a leap of Rs 39.10 or 10.4 per cent from the earlier shut. Final seen, the inventory held firmly in inexperienced and was buying and selling at Rs 414.60. Shares of PSU firm Rail Vikas Nigam (RVNL) are in motion as we speak because it has knowledgeable exchanges concerning the letter of award (LoA) from Central Railway.

On the NSE, the inventory began the session at Rs 380 and climbed additional to the touch the intraday excessive of Rs 415.50. On the time of writing the report, it was buying and selling at Rs 413.30 with a acquire of 9.85 per cent from the earlier shut of Rs 376.25.

Inventory has been gaining for the final three days and has risen 15.77 per cent on this interval. On technical parameters, the counter is buying and selling greater than 5-day, 20-day, 50-day and 100-day transferring averages however decrease than 200-day transferring averages.

RVNL Bag Order From Central Railway 

The navratna PSU has bagged an order from the Central Railway for upgrading the electrical traction system within the Nagpur Division.

“The order contains OHE modification work for upgrading the prevailing 1×25 KV electrical traction system to 2×25 KV on the feeding system within the Itarsi-Amla part within the Nagpur Division of Central Railway to fulfill the 3000 MT loading goal,” the submitting reads.

RVNL Share Worth Historical past 

The counter has given a multibagger return of 251 per cent in two years and 1,232 per cent in three years. In 5 years, the inventory has made traders richer by 2,269 per cent. 

In the meantime, the agency has knowledgeable exchanges that its board is scheduled to fulfill on Could 21, 2025 to think about and approve the audited monetary outcomes (standalone & consolidated) for the yr ended March 31, 2025. The corporate stated that the board will even advocate a ultimate dividend, if any, for the monetary yr 2024-25. 

(This text is for informational functions solely and shouldn’t be construed as funding, monetary, or different recommendation.)