Trendy

Is it good to buy Rail Vikas Nigam shares?

Is it good to buy Rail Vikas Nigam shares?

The stock seems fairly valued at the moment according to my valuation model. It’s trading around 0.8\% below my intrinsic value, which means if you buy Rail Vikas Nigam today, you’d be paying a reasonable price for it. This is based on its high beta, which is a good indicator for share price volatility.

What is the future of RVNL share?

Rail Vikas Nigam Limited quote is equal to 34.150 INR at 2021-12-17. Based on our forecasts, a long-term increase is expected, the “RVNL” stock price prognosis for 2026-12-11 is 95.154 INR. With a 5-year investment, the revenue is expected to be around +178.64\%.

READ ALSO:   Why do caddies have to carry bags?

Is RVNL good for long-term investment?

RVNL is very good stock from railway there other peers like IRCTC, RIETS, IRCON all are trading in higher valuation as compare to RVNL it’s listed around 17 – 18 price band and now trading between 23-24 it’s a very good return which is generated jsut bcoz share price is low so you will not see returns in rupee term for …

Can I hold RVNL share?

They said that one can keep on accumulating the stock from RVNL share price at today’s levels till Rs 25-26 per stock levels. However, stake sale by the Government (to bring down its stake to 75 per cent) would remain an overhang for the RVNL share price in the near term.”

Is Rvnl debt free?

The image below, which you can click on for greater detail, shows that at September 2020 Rail Vikas Nigam had debt of ₹47.5b, up from ₹33.9b in one year. However, it does have ₹13.9b in cash offsetting this, leading to net debt of about ₹33.7b.

READ ALSO:   What are some examples of loss leaders?

What does Rail Vikas Nigam do?

Rail Vikas Nigam Limited is under the ownership of Indian Railways, Ministry of Railways, Government of India involved in building rail infrastructure required by the railways.

What is the work of Rail Vikas Nigam Limited?

The Company is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.

What is the business model of Rvnl?

Business Model RVNL is carrying out planning, development, resource mobilization & execution of railway related projects on fast track: (i) Projects to be executed by RVNL are assigned by the Ministry of Railways (MoR). (ii) Projects of other Central Ministries, State Governments and CPSEs also assigned to it.

What is the meaning of Rvnl?

Rail Vikas Nigam Limited (RVNL), the wholly owned government company is a ‘Miniratna’ (Category – I) company incorporated by the ministry of Railways in 2003 as a project executing agency working for and on behalf of Ministry of Railways.

READ ALSO:   Who does the Whistle Blowers Protection Act protect?

https://www.youtube.com/watch?v=79d34Kb6tZk