RAIL VIKAS NIGAM share price has zoomed 5% and is presently trading at Rs 612.9.
Meanwhile, the BSE CAPITAL GOODS index is at 71,539.9 (down 1.9%).
Among the top gainers in the BSE CAPITAL GOODS index today are AIA Engineering (up 1.0%) and Thermax (up 0.2%).
BHEL (down 4.8%) and HINDUSTAN AERO. (down 4.3%) are among the top losers today.
Over the last one year, RAIL VIKAS NIGAM has moved up from Rs 119.6 to Rs 612.9, registering a gain of Rs 493.3 (up 412.6%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 41,426.7 to 71,539.9, registering a gain of 72.7% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 216.0%), HINDUSTAN AERO. (up 151.6%) and Bharat Electronics (up 140.5%).
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The BSE Sensex is at 80,606.3 (down 0.9%).
The top losers among the BSE Sensex today are Tata Steel (down 5.3%) and JSW Steel (down 4.4%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 24,526.6 (down 1.1%). Tata Steel and BPCL are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,589.9 to 80,606.3, registering a gain of 14,016.4 points (up 21.0%).
RAIL VIKAS NIGAM net profit grew 27.5% YoY to Rs 4,353 million for the quarter ended March 2024, compared to a profit of Rs 3,414 million a year ago. Net sales rose 17.4% to Rs 67,140 million during the period as against Rs 57,198 million in January-March 2023.
For the year ended March 2023, RAIL VIKAS NIGAM reported 28.0% increase in net profit to Rs 14,206 million compared to net profit of Rs 11,101 million during FY22. Revenue of the company grew 4.6% to Rs 202,816 million during FY23.
The current Price to earnings ratio of RAIL VIKAS NIGAM, based on rolling 12 month earnings, stands at 87.0.
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