top of page
Writer's pictureShubham digital

RVNL Share Price Target 2023, 2024 to 2030

RVNL share price target 2023 has been granted Navratna Status by the central state state-owned company RVNL. NAVRATN status for RVNL share price target 2023 is valid from April 26, 2023. RVNL was first set up as a PPO (Public-Private Organization) on Jan 24, 2003. The main purpose of the company was to build and multiply the railway infrastructure capacity on an expedited basis and to get additional budget resources for SPP projects. The company started functioning in 2005 after a consultation with the Board. RVNL got Mini Ratna status in September 2013.

RVNL has an authorized share capital of Rs 3000 crore and a paid-up share capital of Rs 2085 crore. The operating revenue range of RVNL is estimated to be over Rs 500 crores in the financial year 2021. The Earnings before interest, tax, depreciation, and amortization (EBITDA) of the RVNL share price target 2024 increased by 11.90%, while the book value of the company rose by 10.35%.

In this article, we will provide you with information about the RVNL share price target for 2024, and 2030.


RVNL Share Price Target for 2024


RVNL Share Price Target 2024.  Price

January 2024                                   320.50

February 2024                                 ₹291.45

March 2024                                 ₹328.50

April 2024                                 ₹334.50

May 2024                                 ₹343.60

June 2024                                 ₹357.75

July 2024                                 ₹367.75

August 2024                                 ₹389.80

September 2024                     ₹390.90

October 2024                                 ₹393.90

November 2024                     ₹394.80

December 2024                     ₹395 .80





Rvnl Share Price Target for 2025


Rvnl Share Price Target 2025.   Price

January 2025                                 ₹396.10

February 2025                                 ₹397.10

March 2025                                 ₹397.20

April 2025                                 ₹397.20

May 2025                                 ₹398.15

June 2025                                 ₹399.10

July 2025                                 ₹400.20

August 2025                                 ₹402.30

September 2025                     ₹403.35

October 2025                                 ₹404.40

November 2025                     ₹406.40

December 2025                     ₹408.50


Rvnl Share Price Target for 2026


Rvnl Share Price Target 2026 Price

January 2026                                 ₹409.60

February 2026                                 ₹409.65

March 2026                                 ₹409.50

April 2026                                 ₹409.55

May 2026                                 ₹410.70

June 2026                                 ₹411.80

July 2026                                 ₹412.00

August 2026                                 ₹413.30

September 2026                     ₹414.35

October 2026                                 ₹415.40

November 2026                     ₹416.40

December 2026                     ₹417.50


Rvnl Share Price Target from 2024 to 2030


Rvnl Share Price Target               Price

Rvnl Share Price Target 2024.   ₹395.80

Rvnl Share Price Target 2025  ₹408.50

Rvnl Share Price Target 2026  ₹417.50

Rvnl Share Price Target 2027  ₹409.50

Rvnl Share Price Target 2028  ₹429.50

Rvnl Share Price Target 2029  ₹439.18

Rvnl Share Price Target 2030  ₹455.80


Rvnl Financials 2023


(INR)                         Sept 2023     YoY

Revenue               4.91tcr   0.11%

Net Income             394.26cr   3.42%

Diluted Eps               1.89               3.28%

Net Profit Margin   8.02%   3.22%

Operating Income 292.07cr   6.14%

Net Change in Cash       -                 -

Cash on Hand                   -                 -

Cost of Revenue   4.54tcr   0.82%

Rvnl Share Holding Pattern


Promoter - 72.84%

Fll -            18.50%

Dll -             5.93%

Public -       2.59%

Others -     0.14%


Rvnl Competitors


Ncc Market Cap 14,161.08 Cr

Gr Intra Market Cap 11,475.05 Cr

Pnc Infratech Market Cap 10,609.18 Cr

Man Intra Market Cap 8,225.05 Cr


RVNL shares opened 4.77 percent higher at Rs 10.65 BSE on Friday, after having opened at Rs 10.15. At the same time, the company's market cap was Rs 48,820.75 crore.

Rvnl had gone public on Friday and declared that it has received orders of Rs 394.89 crores and Rs 256.19 crores from MMRCL. In the railway sector, Rvnl reported some profit making and the stock was trading at Rs 246.80 in the afternoon.

On the BSE, Rvnl had a market cap of Rs 51.354 crores. Technically, the stock has a Relative Strength Index (RSI) of 40.4, indicating that it is not trading in an overbought or oversold zone.

Rvnl is engaged in the process of constructing railway infrastructure in India. It is responsible for the development and implementation of railway projects as well as the financial resources mobilization service. The company undertakes various railway projects, such as the construction of new lines, doubling of lines, gauge conversion, electrification of railways, metro, workshops, bridges, cable-stayed bridges, institution building, etc. It provides services to the Indian Railways and various central and state governments, departments, and public sector enterprises.

Rvnl was founded in 2003 and is located in New Delhi, India.


4 views0 comments

Comments


bottom of page