Miniratna PSU Stock Bags Order Worth Crores, Delivers Return Over 100% In 6- Months
Miniratna PSU Stock, Rail Vikas Nigam Ltd bagged new order worth crores On February 23, 2023.
The stock gave 105% return in just 6- months thus doubling investors money. The company received Letter of Award ( LoA) from M. P.
Madhya Kshetra Vidyut Vitaran Co. Ltd for the supply, installation, testing and commissioning of new 11 KV line for bifurcation & interconnection in Bhopal Region of MPMKVVCL, Distribution Sector Scheme
The last trading price of the stock is Rs 63.10 apiece with intraday fall of 2 .77%.
The stock's 52- week high is Rs 84.15 apiece and 52- week low is Rs 29.00 apiece, respectively.
The mid cap stock has a market capitalisation of Rs 13,156.48 crore.
2. Rail Vikas Nigam Ltd Return
Rail Vikas Nigam declined 6% in last 3- months, gave 105% return in last 6- months, 116% return in last 1- year, and 108% return in last 2- years.
3. Rail Vikas Nigam Ltd About
Rail Vikas Nigam Limited ( RVNL) was incorporated as a Public Sector Undertaking.
It undertakes and executes project development, financing and implementation of projects related to rail infrastructure.
It mobilizes financial and human resources for project implementation.
It ensures timely execution of projects with least cost escalation, according to its official website.
The stock gives details about the new order that the Miniratna status stock bagged.
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By Renu Baliyan Goodreturns source: Dailyhunt