Rail company deal with Delhi Metro, shares run away from bullet train, price rises 1400% in 2 years

Shares of Rail Vikas Nigam Limited have rocketed. Shares of Rail Vikas Nigam rose over 7 percent on Friday to Rs. 452 was reached. The company’s shares have hit all-time highs. This increase in the company’s shares has happened after the deal. Rail Vikas Nigam Limited has entered into a Memorandum of Understanding (MoU) with Delhi Metro Rail Corporation (DMRC). The agreement is for participation in upcoming projects in India and abroad. The company can be involved as project service provider for metro, railway, high speed rail, highway, mega bridge, tunnel, institutional buildings, workshop or depot and railway electrification.

The stock jumped 263% in one year
Shares of Rail Vikas Nigam Limited (RVNL) have jumped 263% in the last one year. On July 5, 2023, the shares of the rail company were Rs. was at 124.10. Shares of Rail Vikas Nigam touched Rs 452 on 5 July 2024. Shares of Rail Vikas Nigam Limited have gained 145% in the last 6 months. The shares of the company have increased from Rs 184 to Rs 450 in 6 months. The company’s stock hit a 52-week low of Rs. is 117.05.

Shares of the company rose 1400% in 2 years
Shares of Rail Vikas Nigam Limited (RVNL) have gained more than 1400% in the last 2 years. Shares of the rail company were priced at Rs 30 on July 1, 2022. Shares of the company have touched Rs 452 on July 5, 2024. Shares of Rail Vikas Nigam Limited have gained more than 70 percent in the last 3 months. On April 5, 2024, the shares of the company were Rs. were at 264.10. Shares of the railway company have reached Rs 452 on 5 July 2024. Shares of Rail Vikas Nigam Limited have seen a surge of 28% in the last one month.