Business Standard

Monday, December 23, 2024 | 12:17 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Stock price of this PSU company has nearly doubled thus far in November

Shares of Rail Vikas Nigam hit a new high at Rs 79.70 on rallying 9 per cent in Monday's intra-day trade on healthy business outlook.

Infrastructure, railways, tracks, disinvestment, privatisation
Premium

Deepak Korgoankar Mumbai
Shares of railway infrastructure company Rail Vikas Nigam (RVNL) hit a new high of Rs 79.70, as they rallied 9 per cent on the BSE in Monday’s intra-day trade on healthy business outlook. Thus far, in the month of November, the stock price of public sector undertaking (PSU) company has been nearly doubled or zoomed 99 per cent from a level Rs 40, as compared to 2.7 per cent rise in the S&P BSE Sensex.

RVNL, it's subsidiary and joint ventures are engaged in the business of implementing various types of rail infrastructure projects assigned by Ministry of Railway

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in