{"id":111664,"date":"2023-10-12T12:48:33","date_gmt":"2023-10-12T07:18:33","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=111664"},"modified":"2023-10-12T12:48:38","modified_gmt":"2023-10-12T07:18:38","slug":"multibagger-stock-in-green-after-it-bags-orders-worth-28-73-cr-from-northeast-frontier-railway","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-stock-in-green-after-it-bags-orders-worth-28-73-cr-from-northeast-frontier-railway\/","title":{"rendered":"Multibagger stock in green after it bags orders worth \u20b9 28.73 Cr\u00a0from Northeast Frontier Railway"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-641329528\"><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>Multibagger central public sector enterprise with navratna status which is into engineering railways bags orders for a consideration of 28.73 Cr from Northern Railways.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2417346319\"><!-- 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 11:15 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. 165 a piece up by 0.40 percent from its previous day close price and the market capitalization of the company is 34,590 Cr.\u00a0<\/p><p>As per the company\u2019s filing, Rail Vikas Nigam Limited has emerged as the lowest bidder and bagged orders for supply, installation, testing &amp; commissioning of integrated tunnel communication system in the sukhovi-pherima new single line section of lumding division from Northeast Frontier Railway for a consideration of 28.73 Cr.&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-2012571626\"><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 reported 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 capital employed.&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 a central public sector enterprise with a navratna status, it is engaged in the business of implementing various types of Rail infrastructure projects doubling, gauge conversion, new lines, railway electrification, major bridges 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-1643120438\"><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>Multibagger central public sector enterprise with navratna status which is into engineering railways bags orders for a consideration of 28.73 Cr from Northern Railways.&nbsp; At 11:15 a.m the shares of Rail Vikas Nigam Limited were trading at Rs. 165 a piece up by 0.40 percent from its previous day close price and the market capitalization [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":20225,"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":[6933,11560,5228,948,936],"class_list":["post-111664","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-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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