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RAIL VIKAS NIGAM Gains 6%; BSE CAPITAL GOODS Index Down 0.1%
Mon, 12 Aug 9:34

RAIL VIKAS NIGAM Gains 6%; BSE CAPITAL GOODS Index Down 0.1%Image source: peterschreiber.media/www.istockphoto.com

RAIL VIKAS NIGAM share price has zoomed 6% and is presently trading at Rs 545.9.

Meanwhile, the BSE CAPITAL GOODS index is at 72,457.2 (down 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are Graphite India (up 3.5%) and AIA Engineering (up 3.3%).

TIMKEN INDIA (down 3.8%) and ADANI GREEN ENERGY (down 2.6%) are among the top losers today.

Over the last one year, RAIL VIKAS NIGAM has moved up from Rs 123.9 to Rs 545.9, registering a gain of Rs 422.0 (up 340.6%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 43,202.8 to 72,457.2, registering a gain of 67.7% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 203.5%), HINDUSTAN AERO. (up 150.7%) and Bharat Electronics (up 133.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,419.5 (down 0.4%).

The top losers among the BSE Sensex today are NTPC (down 1.8%) and MUNDRA PORT & SEZ (down 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and MUNDRA PORT & SEZ.

In the meantime, NSE Nifty is at 24,274.7 (down 0.4%). Adani Enterprises and NTPC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,846.5 to 79,419.5, registering a gain of 13,573.0 points (up 20.6%).

RAIL VIKAS NIGAM Financial Update...

RAIL VIKAS NIGAM net profit fell 33.7% YoY to Rs 2,226 million for the quarter ended June 2024, compared to a profit of Rs 3,355 million a year ago. Net sales declined 26.9% to Rs 40,738 million during the period as against Rs 55,716 million in April-June 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 83.9.


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