RVNL / Rail Vikas Nigam Share price Target
About RVNL :
Rail Vikas Nigam Ltd. was incorporated in the year 2003. Its today’s share price is 38.75. Its current market capitalisation stands at Rs 8069.03 Cr. In the latest quarter, company has reported Gross Sales of Rs. 145305.8 Cr and Total Income of Rs.148550.2 Cr. The company’s management includes Kalpana Dubey, Cyrus A Pithawalla, Dhananjaya Singh, Vinay Srivastava, Sanjeeb Kumar, Rajesh Prasad, Vinay Singh, Ajay Kumar, Pradeep Gaur, Pradeep Gaur.
About RVNL Share Price :
- Rail Vikas Nigam Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 8,110.73 Crore) operating in Construction sector.
- Rail Vikas Nigam Ltd. key Products/Revenue Segments include Income From Construction Work for the year ending 31-Mar-2020.
- For the quarter ended 30-06-2021, the company has reported a Consolidated Total Income of Rs 3,931.80 Crore, down 30.35 % from last quarter Total Income of Rs 5,645.28 Crore and up 32.53 % from last year same quarter Total Income of Rs 2,966.80 Crore.
- Company has reported net profit after tax of Rs 211.62 Crore in latest quarter.
- The company’s top management includes Mr.Pradeep Gaur, Mr.Hari Mohan Gupta, Maj.Gen.(Retd.)Cyrus A Pithawalla, Dr.Anil Kumar, Dr.L V Muralikrishna Reddy, Mr.Rajen Habib Khwaja, Dr.Sabita Pradhan, Mr.Sanjeeb Kumar, Mr.Rajesh Prasad, Mr.Vinay Singh, Mr.Ajay Kumar, Mr.Vinay Srivastava.
RVNL Share Price Target 2021 Q4
- November 2021 – 39.15 Rs
- December 2021 – 41.20 Rs
RVNL share price target 2022
- 2022 Jan – 40.35 Rs
- 2022 Feb – 39.36 Rs
- 2022 Mar – 33.39 Rs
- 2022 Apr – 43.71 Rs
- 2022 May – 44.10 Rs
- 2022 Jun – 41.95 Rs
- 2022 Jul – 45.90 Rs
- 2022 Aug – 44.95 Rs
- 2022 Sep – 46.99 Rs
- 2022 Oct – 47.50 Rs
- 2022 Nov – 46.55 Rs
- 2022 Dec – 47.65 Rs
RVNL Share price target 2023 – 59.25 Rs
RVNL Share price target 2024 – 67.15 Rs
RVNL Share price target 2025 – 78.50 Rs
RVNL Share price target 2026 – 95.30 Rs
RVNL Share price target 2027 – 124.35 Rs
RVNL Share price target 2028 – 167.20 Rs
RVNL Share price target 2029 – 210.80 Rs
RVNL Share price target 2030 – 250.00 Rs
RVNL share price target 2022
RVNL being a subsidiary company of the government, the investor does not have to fear that much about this stock. The government gives all the development projects related to railways to RVNL. Whether it is the laying of railway lines, electrification of railways or the project of metro, only one name comes for all the work related to railway development RVNL.
The company has completed many projects related to railways and still many similar projects are yet to be completed. Due to which the expectation of good profit of the company can be seen in the coming days. The company also pays good dividend every year to its shareholders.
If you want to earn good dividend and stable returns then RVNL share can be a better option for you. If seen in the short run, RVNL’s share price can be fully expected to show the first target of Rs 40 by 2022. As soon as this target is interest, you can see the second target showing Rs 43.
RVNL share price target 2023
The entire business of the company depends only on the Ministry of Railways. Whichever Ministry of Railways brings the project, its entire responsibility rests with RVNL. As the railway projects are increasing, the turnover of the company is also increasing continuously. Due to which a gradual increase in its profit can also be seen.
Most of the big FIIs and DIIs do not see much holding because of the company’s business being dependent only on the projects of the Ministry of Railways. Due to which you should not expect multibagger returns in this stock at all.
But the full potential of giving very good returns is visible in the company’s business. Looking at the growth of the company’s business in the coming year 2023, the first target is going to be shown at Rs 52. Then look at the second target for Rs 56.
RVNL share price target 2025
Railways play an important role in India’s economic growth. Therefore, the development of railways is going to be seen fast in the coming time. For its development, from time to time, the government announces new projects and more and more investments. Whose full benefit goes to RVNL.
If you look at the order book of the company, then it is continuously increasing. If the management is to be believed, its growth can increase by 30 to 40 percent in the coming years. Due to which there is going to be a good jump in the growth of the company. If there is no private sector entry in this business of the company, then these stocks have the potential to give you good returns.
If the RVNL share price target is seen by 2025, then the first target of Rs 68 can be seen. After that, the second target is hit to hold for 75 rupees.
RVNL share price target 2030
As you look at the company’s business in a long time, many opportunities appear. Gradually the railways have also started modernization. Due to which many such new projects are going to appear in the coming years, whose full benefit is going to be seen by RVNL.
Along with this, bullet trains are also coming in India. And if RVNL is seen getting this project, then you yourself can understand how much growth can be seen in its business. However, the business of the company depends only on the railways, due to which the market does not look at this stock from the point of view of value like other companies.
Hence, you should not expect very high returns from this stock. In the long run, by 2030, you can see the company’s share price trading around Rs 145.
If we look at the company’s business from future point of view, RVNL appears to be a good stock. The company’s business is expected to grow in the long run. Being a company of the government, its business is fully supported.
Because of which, even if you get less returns than the rest of the company, but good dividends and stable returns can be expected.