RVNL Share Price Target 2024 To 2030
Rail Vikas Nigam Ltd was Incorporated in 2003 by the Govt. of India, it is engaged in the business of implementing various types of Rail infrastructure projects assigned by MoR including doubling, gauge conversion, new lines, railway electrification, major bridges, workshops, Production Units and sharing of freight revenue with Railways as per the concession agreement entered into with Ministry of Railway.
- Market Cap₹ 1,08,035 Cr.
- Current Price₹ 518
- High / Low₹ 647 / 122
- Stock P/E80.2
- Book Value₹ 37.7
- Dividend Yield0.41 %
- ROCE18.7 %
- ROE20.4 %
- Face Value₹ 10.0
RVNL Share Price Target 2024
RVNL Share Price Target 2025
Rail Vikas Nigam Limited (RVNL) is a Navratna CPSE under the Ministry of Railways. It was incorporated in 2003 to meet the country’s surging infrastructural requirements and to implement projects on a fast-track basis. RVNL works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development. The organization undertakes project execution from concept to commissioning and creates project-specific SPVs. RVNL’s mandate includes the mobilization of extra-budgetary resources (EBRs) through a mix of equity and debts via these SPVs.
RVNL came into being on 24 January 200. RVNL initiated its IPO on March 29 2019 and became listed on April 11 2019. The 3 pillars of RVNL are: Quality, Speed & Transparency.
RVNL Share Price Target 2030
| Year | Lower Targets | Higher Target |
| 2024 | 774 | 801 |
| 2025 | 930 | 981 |
| 2026 | 1088 | 1167 |
| 2027 | 1245 | 1365 |
| 2028 | 1402 | 1567 |
| 2029 | 1562 | 1753 |
| 2030 | 1719 | 1946 |
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