{"id":111393,"date":"2023-10-09T11:09:59","date_gmt":"2023-10-09T05:39:59","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=111393"},"modified":"2023-10-09T11:10:05","modified_gmt":"2023-10-09T05:40:05","slug":"multibagger-navratna-stock-bagged-orders-worth-394-cr-from-mmrcl-for-design-and-construction","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-navratna-stock-bagged-orders-worth-394-cr-from-mmrcl-for-design-and-construction\/","title":{"rendered":"Multibagger Navratna stock bagged orders worth \u20b9 394 Cr\u00a0from MMRCL for design and construction"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2785249019\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This Multibagger Navratna Railway company bagged orders from Maharashtra Metro Rail Corporation Limited (MMRCL) for 394 Cr.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-240550607\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 10:00 a,m the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/RVNL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Rail Vikas Nigam Limited<\/a><\/strong> were trading at Rs. 164 down by 3 percent from its previous day close price and the market capitalization of the company is 34,173 Cr.\u00a0<\/p><p>As per the company\u2019s filing, Rail Vikas Nigam Limited has received the letter of acceptance from Maharashtra Metro Rail Corporation Limited (MMRCL) for the Design and Construction of Elevated Metro Viaduct for 394.89 Cr. The time period by which the order is to be executed is 30 months.&nbsp;<\/p><p>The company\u2019s revenue increased by 4.64 percent from 19,381.71 Cr in FY22 to 20,281.57 Cr in FY23, accompanied by increasing profits of 1,110.14 Cr to 1,420.55 Cr.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1609332974\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company has reported a return on equity (ROE) of 20.81 percent and return on capital employed (ROCE) of 17.83 percent, this indicates that the company is making good returns on its equity and is making effective utilisation of the company\u2019s resources.&nbsp;<\/p><p>According to the latest shareholding data available for the June 2023 quarter, the company\u2019s Promoters hold 78.20 percent stake, the Domestic Institutional Investors hold 5.76 percent and the Foreign Institutional Investors (FII) hold 1.75 percent.&nbsp;<\/p><p>Rail Vikas Nigam Limited is Navratna Central Public Sector Enterprise under the ministry of railways, engaged in the business of implementing various types of Rail infrastructure projects, including doubling, gauge conversion, new lines, railway electrification, major bridges, workshops, Production Units etc.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3795181514\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This Multibagger Navratna Railway company bagged orders from Maharashtra Metro Rail Corporation Limited (MMRCL) for 394 Cr.&nbsp; At 10:00 a,m the shares of Rail Vikas Nigam Limited were trading at Rs. 164 down by 3 percent from its previous day close price and the market capitalization of the company is 34,173 Cr.\u00a0 As per the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":111394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[6933,11560,12930,5228,948,936],"class_list":["post-111393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-rvnl-latest-news","tag-rvnl-latest-orders","tag-rvnl-order-from-mmrcl","tag-rvnl-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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