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Is Rvnl a good buy for long-term?
Rail Vikas Nigam Limited (NSE: RVNL) As on 24th Dec 2021 RVNL Share Price closed @ 33.85 and we RECOMMEND Buy for LONG-TERM with Stoploss of 31.29 & Sell for SHORT-TERM with Stoploss of 35.12 we also expect STOCK to react on Following IMPORTANT LEVELS.
Is it good to invest in Rvnl?
Rail Vikas Nigam is still a bargain right now according to my price multiple model, which compares the company’s price-to-earnings ratio to the industry average. This is based on its high beta, which is a good indicator for share price volatility.
Is Rail Vikas Nigam a government?
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.
Will rail vikas nigam limited (RVNL) shares sustain above Rs 30 mark?
RVNL Share Price: After hitting below Rs 30 per stock mark and making a close at Rs 29.75 on 23rd February 2021, Rail Vikas Nigam Limited (RVNL) shares have been able to sustain above Rs 30 mark.
For the year ending March 2019 Rail Vikas Nigam has declared an equity dividend of 0.90\% amounting to Rs 0.09 per share. At the current share price of Rs 24.65 this results in a dividend yield of 0.37\%.
Should you buy RVNL shares to make money?
On money making strategy that an investor can follow while taking any position in RVNL stocks; SEBI registered technical equity analyst Simi Bhaumik said, “RVNL share price today is at Rs 31.50 (12:00 noon, 10th March 2021) and it has immediate support at Rs 25 to Rs 27 range.
The Shares of the Company were listed on both the Stock Exchanges i.e. BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) on 11 th April 2019.The issue opened on 29 th March 2019 and closed on 3 rd April 2019 atan offer price of Rs.19/- per share a discount of Rs.0.50 was offered to Retail Investorsand Employees on the offer price
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