Double bottom is a Bullish Reversal Pattern that is used in Technical analysis to look for signals of a trend shift, from a downtrend to an Uptrend or from a bearish trend to a bullish trend. This pattern is the Opposite of the Double-top pattern. How to Trade the...
The shares of the railway infrastructure developer gained up to 4 percent after the company emerged as the Lowest Bidder (L1) from the National Highway Authority of India worth Rs 554 crore. Price Action With a market capitalization of Rs 69,128.84 crore,...
The shares of the critical power systems provider hit 5 percent upper circuit after the company secured a prestigious work order from Rail Vikas Nigam Limited for Rs 1,412 crore. With a market capitalization of Rs 2,949.33 crore, the shares of Exicom...
A leading railway infrastructure company witnessed a nearly 3 percent surge in its stock price after securing a Letter of Acceptance for a significant metro construction project. The order, valued at Rs.270 crore, was awarded by Maharashtra Metro Rail Corporation for...
This Navratna PSU stock is involved in rail infrastructure projects, including track doubling, gauge conversion, new line construction, railway electrification, major bridges, and workshops. The stock has jumped 3.26% after receiving an order from East Central Railway...
One of the Railway and Navaratna PSU stocks specialises in rail projects like new lines, track doubling, and electrification and has expanded globally into metro lines, bridges, and workshops. The stock has jumped 1.58 percent after receiving orders from South Central...
This Navratna PSU Stocks engaged in railway infrastructure projects encompassing track doubling, gauge conversion, new lines, railway electrification, major bridges, and workshops. The company has won an EPC contract from South Central Railway valued at Rs. 294.95...
Railways are the backbone of the country. It helps to move tonnes of freight across the country inland. The connectivity has aided companies in delivering goods in bulk. The government is looking to increase investments to improve the logistics cost and maintain its...
We all know India is marching towards relentless growth, marked by the robust infrastructure transformation. Companies engaged in developing railway lines play a pivotal role in the nation’s growth. They lay the foundation for accelerated economic development, smooth...
Fundamental Analysis of RVNL: The stock of Rail Vikas Nigam Ltd. (RVNL) has delivered eye-popping returns in the last twelve months. The shares have gone up by approximately 300% making its investors ecstatic. So what makes this rail PSU such an attractive stock? Can...
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