The stock of the Railways company, RVNL, has soared to an all-time high of Rs 230.50 on BSE, with a 197% increase in the past year. As of 11:59 am on Monday, the stock was soaring higher by 12.53%, reaching Rs 228.55. This growth surpasses the benchmark Nifty 50's performance, which has only jumped by 2.77% in the past month and 23.22% in one year. Investors should note that RVNL's stock has seen an increase of 24.66% in the past month, 90.92% in the past six months, and 197.01% in the past year.
Rail Vikas Nigam Limited (RVNL): A Success Story
Rail Vikas Nigam Limited (RVNL) is a public sector undertaking under the Ministry of Railways, Government of India. The company was incorporated in 2003 with the objective of undertaking and executing railway projects on a fast-track basis. RVNL is responsible for the construction of new railway lines, doubling of existing lines, gauge conversion, electrification, and other railway infrastructure projects.
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