RVNL Share Price History from 2019 to 2023

In this article, you will find the details of RVNL Share Price History. Additionally, we will provide important fundamental details about RVNL Shares.

RVNL Share Price History

In the journey of Rail Vikas Nigam Limited (RVNL), 2019 and 2020 marked a steady start with modest growth. The company’s earnings increased by 4.5% during this period, reflecting its commitment to infrastructure development for the Indian railways.

However, it was in 2021 that RVNL showed remarkable progress, with its revenue soaring by 44.7%. This substantial growth was a testament to the critical role RVNL plays in enhancing and modernizing the country’s rail infrastructure.

The real turning point for RVNL came in 2022 and 2023, when the company experienced exponential growth. In 2022, RVNL’s revenues nearly doubled, surging by an impressive 96.4%. This remarkable leap indicated the pivotal role RVNL played in the expansion and renovation of India’s railway network.

The following year, 2023, witnessed an astonishing 129.3% increase in revenue, cementing RVNL’s status as a key player in India’s rail development. The company’s growth trajectory showcased its dedication to building a more robust and efficient railway system for the nation, underlining its commitment to a prosperous future for Indian rail transport.

Also Read: PNB Share Price History

About RVNL

Rail Vikas Nigam Limited (RVNL) is a vital entity in Indian rail infrastructure development. Established to take on the crucial task of upgrading and enhancing the country’s railway network, RVNL has played a pivotal role in modernizing and expanding India’s rail systems.

Since its inception, the company has been committed to undertaking various projects to improve the efficiency, connectivity, and safety of the Indian railways.

RVNL’s journey has been marked by consistent growth, reflecting its dedication to the nation’s rail infrastructure. Over the years, it has demonstrated steady progress, achieving substantial revenue growth and playing a pivotal role in driving the evolution of India’s rail transport.

RVNL’s endeavours have culminated in remarkable successes, with significant year-on-year growth that underscores its crucial role in the nation’s rail development efforts. As a critical player in the Indian railway sector, RVNL continues to contribute to the advancement of the country’s transportation infrastructure and the improvement of the lives of millions of people who depend on the railways for their daily commute and freight transport.

With its mission of connecting the nation and enabling progress, RVNL remains a fundamental force in shaping the future of Indian rail transport.

Fundamentals of RVNL

Here are some primary fundamental data about RVNL (until 2023):

Market Capitalization (Market Cap):

As of the latest available data, the market capitalization of the company stands at ₹32,568 Crores. Market cap is a significant financial metric representing the total value of a company’s outstanding shares in the stock market.

It’s calculated by multiplying the company’s current stock price by its total outstanding shares. In this context, it reflects the company’s size and its position in the market.

Stock Price to Earnings (P/E) Ratio:

The stock price-to-earnings ratio, or the P/E ratio, is 22.3. This ratio compares the company’s current stock price to its per-share earnings. A higher P/E ratio can indicate that investors expect higher earnings growth. It’s a key metric for investors to assess a stock’s valuation.

Book Value:

The book value per share is ₹35.1. Book value is the net asset value of a company and is calculated by subtracting its total liabilities from its total assets. Book value per share is an important metric as it represents the intrinsic value of the company.

Dividend Yield:

The company offers a dividend yield of 1.37%. The dividend yield measures the dividend income an investor can expect from an investment in the stock. It’s expressed as a percentage of the stock’s current market price.

Return on Capital Employed (ROCE):

The company’s ROCE is 17.8%. ROCE calculates the efficiency and profitability of a firm’s capital investments. It indicates how well a company is utilizing its capital to generate profits.

Return on Equity (ROE):

The ROE of the company is 20.8%. ROE measures a company’s profitability by evaluating how efficiently it uses shareholders’ equity to generate profits. A higher ROE generally indicates a more efficient and profitable company.

Debt to Equity Ratio:

The debt-to-equity ratio is 0.88. This ratio reflects the company’s level of financial leverage and indicates the proportion of debt used to finance its operations relative to shareholders’ equity. A lower debt-to-equity ratio is generally considered more favourable, as it signifies lower financial risk.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your thorough research before making any investment.)

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