Skip to main content

Railway PSU, which gave 280% return in 1 year, released weak results, profit and revenue decreased.

 Railway PSU Stocks: Rail Bikas Nigam Ltd's profit fell 6.2% to Rs 358.6 crore in the December quarter. Revenue has also decreased. This is multibagger railway PSU stock.


Railway PSU Stocks: Multibagger railway stock Rail Vical Nigam Limited i.e. RVNL has announced December quarter results. The company's performance remained weak. Profit fell 6.2% to Rs 358.6 crore on a year-on-year basis. Revenue fell 6.4% to Rs 4689.3 crore. The stock closed at Rs 280 level (RVNL share price today) and gave multibagger returns of 280 per cent in one year.

EBITDA on a consolidated basis declined by 9.6% to Rs 249.1 crore, according to data available on the BSE website. A year ago the company's Ebitda was Rs 275.6 crore. Ebitda margin fell to 5.3% from 5.5%. On a diluted basis, EPS ie earnings per share stood at Rs 1.72, as against Rs 1.83 a year ago and Rs 1.89 in the September quarter.

RVNL share price history

RVNL shares closed at Rs 280. 52 week high is Rs.345 and low is Rs.56. The stock is down 5.4 percent this week. The stock is up 55 percent in one month, 73 percent in three months, 53 percent so far this year, 120 percent in six months and over 280 percent in one year. The three-year return is about 800 percent.

Comments

Post a Comment

Popular posts from this blog

What is a Trading Tick?

 A trading tick refers to the smallest possible price movement of a financial instrument, such as a stock, currency pair, or futures contract. It serves as the basic unit of measurement of price changes in the market. Ticks are important for traders to assess market activity and determine the direction of price movements. Tick size vs tick value Tick size represents the minimum price increment by which an asset's price can change. For example, in the stock market, the tick size may be $0.01. Tick value, on the other hand, indicates the monetary value of each tick movement. In our stock market example with a tick size of $0.01, each tick would represent a value of $0.01. Importance of Understanding Trading Ticks Understanding trading ticks is essential for traders to make informed decisions in the market. By analyzing tick data, traders can identify trends, assess market liquidity and determine optimal entry and exit points for their trades. Mastery of trading ticks enables traders ...
Post a Comment
Read more

Ayodhya: Construction work started again in Shri Ram Janmabhoomi temple, second phase will be completed by 2024.

 In view of the consecration program of Ramlala to be held on January 22 in the Ram temple of Ayodhya, the construction work was stopped for a month from January 15. Now on February 15, all the workers have returned once again. After this the work of the second phase has been started. The construction work of the temple is to be completed in three phases by the year 2025. The construction work of Shri Ram Janmabhoomi temple in Ayodhya, Uttar Pradesh has started once again with full capacity. The coordination between the construction work of the temple and the darshan of Ram devotees has been made in such a way that both the works are not interrupted. This is the reason that the construction work of the temple which had almost stopped on January 15 before the Pran Pratishtha program, has now gained wings again. It is being told that the construction work of Shri Ram Temple will be completed within the stipulated time limit. The construction work of Shri Ram Janmabhoomi Temple is to ...
Post a Comment
Read more

Shilpa Shetty wrote a letter to PM Modi: Said- Modi ji, you have changed history; Actress praised for Ayodhya Ram temple

 Shilpa Shetty praised PM Modi for successfully consecrating the Ayodhya Ram temple. Expressed gratitude by writing a letter. This letter by Shilpa Shetty was posted on Bharatiya Janata Party's social media platform X. What Shilpa Shetty write in the letter Shilpa Shetty write - Respected Modiji. Some read history. Some people learn from history. But people like you change history. You have changed the 500 years history of Ram Janmabhoomi. Thank you from the bottom of my heart. With this auspicious deed your name is also forever associated with the name of Lord Sri Rama. Namo Ram! Jai Shri Ram!  Shilpa Shetty writes to PM Modi: Says - Modiji, you have changed history; The actress praised the Ram temple in Ayodhya 9 hours ago Shilpa Shetty praised PM Modi for successfully consecrating the Ayodhya Ram temple. Expressed gratitude by writing a letter. This letter by Shilpa Shetty was posted on Bharatiya Janata Party's social media platform X. Shilpa Shetty wrote to PM Modi express...
Post a Comment
Read more