Why does RVNL share price increase today?
Today, shares price of RVNL
burst or Why does RVNL share price increase today surged 1.23 per cent to Rs 243.70 per share with an intraday high of Rs 251.40 and an intraday low of Rs 226.90 because of its new order book . The stock also made a firm new 52-week high of Rs 51.40 per share with a sudden increase in volume up to 3.17 times on BSE. The shares of the company have an ROE of 21 per cent and an ROCE of 18 per cent. RVNL gave multibagger returns of 200 per cent in just 1 year and a Thundring 680 per cent in 3 years. Investors should have a keen observation on this stock. By the end of article ypu will able to know Why does RVNL share price increase today.
In this joint venture, KRDCL takes the leading position with a 51% share, while RVNL holds 49%. The said order will be accomplish in 30 months, as stated in an official filing and statement by RVNL with the exchange. About knowing all the details Why does RVNL share price increase today is clearly visible for all of us.
In December 2023, the RVNL-URC joint venture to become apparent as the lowest bidder for part design and construction of, five elevated metro rail stations (such as Shaheed Bagh, Khajrana Chauraha, Bengali Chauraha, Patrakar Colony, and Palasia Chauraha) and ramp for a Indore Metro Rail Project. This was the main reason Why does RVNL share price increase today.
For more knowledge of upcoming IPO such articles, do follow us,
About RVNL
Overview of RVNL Today
| Overview | info |
| Open | 302 |
| Previous Close | 291.25 |
| Volume | 5,29,58,276 |
| Value (Lacs) | 1,69,651.84 |
| VWAP | 316.06 |
| Beta | 1.21 |
| Mkt Cap (Rs. Cr.) | 66,793 |
| High | 320.35 |
| Low | 300 |
| UC Limit | 292.3 |
| LC Limit | 194.9 |
| 52 Week High | 320.35 |
| 52 Week Low | 56.05 |
| Face Value | 10 |
| All Time High | 320.35 |
| All Time Low | 10 |
| 20D Avg Volume | 4,61,69,453 |
| Book Value Per Share | 35.13 |
| Dividend Yield | 0.67 |
| TTM EPS | 7.09 (+9.50% YoY) |
| TTM PE | 45.18 (High PE) |
| P/B | 9.12 (High P/B) |
| Sector PE | 50.26 |
Financial Report of RVNL
Make sure you read the full data for making it clear about Why does RVNL share price increase today-
| Equities & Liabilities | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 |
| Share Capital | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 |
| Reserves & Surplus | 5,240 | 4,312 | 3,481 | 3,030 | 2,310 |
| Current Liabilities | 4,442 | 6,845 | 2,508 | 2,697 | 4,374 |
| Other Liabilities | 6,655 | 6,637 | 6,076 | 4,578 | 3,289 |
| Total Liabilities | 18,422 | 19,881 | 14,151 | 12,391 | 12,060 |
Quaterly results of RVNL
Quaterly results has a very good impact for short term investors, it goves us the data for last 4-5 quaters whether the stock is performing well or not-
| Quarterly | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 |
| Sales | 4,914 | 5,571 | 5,719 | 5,012 | 4,908 |
| Other Income | 296 | 281 | 256 | 280 | 221 |
| Total Income | 5,210 | 5,853 | 5,975 | 5,293 | 5,130 |
| Total Expenditure | 4,622 | 5,227 | 5,351 | 4,742 | 4,597 |
| EBIT | 588 | 625 | 624 | 550 | 533 |
| Interest | 132 | 146 | 146 | 146 | 130 |
| Tax | 85 | 143 | 136 | 65 | 99 |
| Net Profit | 370 | 335 | 341 | 338 | 302 |
Insights of RVNL
| Insider Transactions | |
| Insider | SAST (31 Jul, 2023) |
| Qty | 1,11,75,708 |
| Price | 121.61 |
| % Traded | 0.54 |
Share holding pattern for RVNL
Promoters of Rvnl are not letting it down by any chance, they are firm on their holding whch all can see in the table below-
| Shareholding | |
| Summary | Promoter: 72.84%, FII: 2.59%, DII: 6.09%, Public: 18.49% |
| Holding (%) | Holding percentages changes over time |
Peers group
- NCC
- GR INFRA
- PNC INFRATECH
- MAN INFRA
Management of RVNL
- Pradeep Gaur-
Chairman & Managing Director - Sanjeeb Kumar-
Director – Finance & CFO - Vinay Singh-
Director – Projects - Rajesh Prasad-
Director – Operations - Anupam Ban-
Director – Personnel
Contact
| About the Company | |
| Registered Office | Address, City, State, Pin Code |
| Tel. No. | 011-26738299 |
| Fax No. | 011-26182967 |
| info@rvnl.org | |
| Internet | Company Website |
Abot FAQs of RVNL
Q1 Who can participate in railway projects?
Answer
Following can participate,
Design, build, finance, own and transfer concession (BOT)
Net present value of future periodic Access Charges during the concession period to be the only bid parameter
To give sufficient comfort to lenders, the access Charges will go in an Escrow Account through a tripartite agreement between the railways, the project sponsors and the lenders.
Incentive to the developer for early completion to advance receipt of Access Charges
Operation and maintenance of the assets after commissioning to be done by Indian Railways.
All the tax advantages of lease can be availed of in BOT concession
Transfer is not an issue in concession as in lease. Why does RVNL share price increase is all about its up comming projects.
Q:2 What are the projects implemented by Railways as JV SPV?
Answer
Following are the projects:
Pipavav Rail Corporation Limited (PRCL) has implemented Surendra Nagar – Pipavav gauge Conversion Project (264 Km) for providing BG rail connectivity to the port of Pipavav at a cost of Rs.350 Cr. The equity of Rs.198 Cr is shared equally by the Ministry of Railways and Gujarat Pipavav Port Limited.
Hassan Mangalore Rail Development Company (HMRDC) has implemented Hassan-Mangalore gauge Conversion Project (193 Km) for providing BG rail connectivity to the port of Mangalore at a cost of Rs. 150 Cr. The equity of Rs. 110 Cr. Is shared equally by the Ministry of Railways and Government of Karnataka, Rs. 45 Cr. Each, and by New Mangalore Port Trust and Mineral Enterprise Private Limited Rs. 10 Cr. Each. these project will help in to provide us the anser for Why does RVNL share price increase today.
Kutch Railway Company Limited (KRC) is implementing Gandhidham-Palanpur Gauge Conversion Project (301 Km) for providing BG rail connectivity to the port of Kandla and Mundra by a shorter route to hinterland at a cost of Rs.453 Cr. The equity of Rs. 200 Cr. Is shared by Rail Vikas Nigam Limited Rs. 100 Cr., Kandla Port Trust Rs. 52 Cr., Gujarat Adani Port Limited Rs. 40 Cr. And Government of Gujarat Rs. 8 Cr.
Haridaspur Paradip Railway Company Limited is implementing the Haridaspur-Paradip new railway line project (82 kms.) on East Coat Railway at a cost of Rs. 735 crores. The equity of Rs. 275 crore is shared by the following partners in this project:
Partners Name
IDCO(Government of Orissa)
Q:3 What are the details of Joint Venture SPV model of private investment in railway projects?
Answer
R2. The features of JV SPV are as under:
It envisages participation of the stakeholders and beneficiaries besides national level infrastructure funding institutions in the development and creation of rail infrastructure through appropriate concessions
Financial participation can be through equity participation in the SPV. An SPV can be a joint venture with Railways ad majority/minority partner or a pure private company.
Revenue from operations are generated by SPV through revenue apportionment.
Concession period will normally be for 33 years extendable with mutual agreement.
Railway land, as available, required for the project will be made available on lease/license.
Tariff freedom as per provision of Railways’ Act, 1989
Commercial utilization of railway land, commercial publicity rights as permissible under the law and public policy will be permitted with profit sharing.
Initial project development will be done by Indian railways to establish project cost, land acquisition, other project component requirements, and project viability.
Land acquisition will be done by the Indian railways for partnership projects
Project construction will be decided by the SPV (done by RVNL as per the model shareholders agreement)
In case of gauge conversion and doubling projects, maintenance of the project line will be done by IR
Maintenance of a green field project can be decided by the SPV
Operations will normally be done by IR with its own rolling stock. Use of dedicated non-IR rolling stock permitted. Why does RVNL share price increase today is clearly visible now.
What does RVNL stand for?
RVNL stands for Rail Vikas Nigam Limited.
What is the role of RVNL in the Indian Railways?
RVNL is mainly responsible for the execution of various railway projects, including new line construction, gauge conversion, and railway electrification, among others. The company also provides technical and financial consulting services to the Indian Railways.
What services does RVNL offer to the Indian Railways?
RVNL offers engineering and consultancy services, project implementation, technical support, and monitoring and also other services to the Indian Railways.
What has been RVNL’s contribution to the Indian Railways? RVNL has made significant contributions to the Indian railway system by executing various projects, including new line construction, gauge conversion, and railway electrification, among others. The company has also provided technical and financial consultancy services to the Indian Railways.
What are RVNL’s future plans and goals?
RVNL plans to expand the Indian railway network by executing new line construction projects, gauge conversion projects, and railway electrification projects. The company also aims to provide improved services and continue providing technical and financial consultancy to the Indian Railways.
For more knowledge abot the up comming IPO reviews price and updates do follow us on regular basis. i think it give you the answer for Why does RVNL share price increase today.