Rail Vikas Nigam Share (RVNL), one of the major players in the construction of railway projects, has announced its best performance in the fourth quarter. The financial performance of this railway PSU has been very impressive giving substantial profits to its investors.
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Rail Vikas Nigam Share Limited Q4 Results
Rail Vikas Nigam Limited also known as RVNL, a major developer of railway projects in the sector, has announced its best performance in the fourth quarter. It can be seen that the financial performance of PSUs in the railway sector has been very impressive. Due to which it can give good profit to its investors.
Rail Vikas Nigam Share has announced its fourth quarter results, which saw a profit of ₹ 478 crore, up 33%. Investors can get a dividend of Rs 2.11 on each stock. This stock has returned more than 800 percent in 2 years.
Rail vikas nigam share future price target 2035
RVNL Share Price Target 2035
- RVNL share price in 2024 – ₹387.80
- share price in 2025 – ₹567.21
- share price in 2026 – ₹753.20
- share price in 2027 – ₹951.77
- share price in 2028 – ₹1,153.71
- share price in 2029 – ₹1,339.88
- share price in 2030 – ₹1,532.03
- price in 2035 – ₹2,493.31
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Financial Highlights
- Net Profit: Q4 saw RVNL’s net profit grow by 33% to Rs. 478. 6 crores.
- Revenue: The company’s revenue has increased by 17 percentage points. 4%, an amount of Rs. 6714 crores.
- EBITDA: profitability indicator shows a level of 21%. 8% increase, totaling Rs. 456 crores.
- Margins: However, the decline in margins was marginal from 6.6% to 6.8%.
- EPS (Earnings Per Share): Profit After Tax (PAT) Rs. 1. 72 to Rs. 2. 29.
Declaration of dividend
RVNL Rs. 10 per share at a face value of 21.10 per cent i.e. Rs. A dividend of 2.11 has been declared. If the dividend is stamped at the AGM, it will be paid within 30 days. Currently, there is no information about the record and payment date. In an exchange filing, the company said it has declared a final dividend of Rs 2.11 per share. In May 2023, the company announced a last dividend of Rs 3.6.
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Stock performance: A multibagger achievement
Rail vikas nigam share has been on a strong rally over the past two years and has earned its coveted ‘multibagger’ tag.
Stock Growth Matrix
- Latest closing price: Share Rs. 290, 4. shows an increase of 25%.
- All-Time High: On 23rd January, the stock touched a record high of Rs. 345.
- Weekly rise: The stock rose by 11 points this week. 3%.
- Monthly and Quarterly Gains: In just one month, the stock has gained 13%, and in three months, it has gained 15%.
- Year-to-date performance: RVNL has earned 60% since the beginning of this year.
- Six-month and one-year returns: The share price has increased by 75% in the last 6 months and 140% in one year.
