RAIL VIKAS NIGAM share price has zoomed 7% and is presently trading at Rs 447.6.
Meanwhile, the BSE CAPITAL GOODS index is at 74,574.1 (up 0.8%).
Among the top gainers in the BSE CAPITAL GOODS index today are Thermax (up 1.8%) and Bharat Electronics (up 1.5%).
GRINDWELL NORTON (down 2.1%) and SCHAEFFLER INDIA (down 2.0%) are among the top losers today.
Over the last one year, RAIL VIKAS NIGAM has moved up from Rs 121.9 to Rs 447.6, registering a gain of Rs 325.7 (up 267.3%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 40,540.3 to 74,574.1, registering a gain of 84.0% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were BHEL (up 253.8%), HINDUSTAN AERO. (up 194.2%) and Bharat Electronics (up 160.5%).
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The BSE Sensex is at 79,532.1 (down 0.6%).
The top losers among the BSE Sensex today are HDFC Bank (down 4.1%) and M&M (down 2.0%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.
In the meantime, NSE Nifty is at 24,187.4 (down 0.5%). HDFC Bank and M&M are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 79,532.1, registering a gain of 14,327.1 points (up 22.0%).
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 63.5.
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