Brighten your portfolio, Buy RVNL below Rs. 50/-
October 24, 2021
Analysis
/ RVNL
About RVNL Railway Vikas Nigam Limited (RVNL) is a Government Company. Its role is to meet the developement requirement of engineering works for Indian Railways. Along with this, it also does important work like raising money for the railways. 96 percent of the revenue of this company comes from the railways. This company also works for all the new projects of Indian Railways, such as laying of new lines, electrification work, doubling, gauge replacement and metro trains. Golden Quadrilateral RVNL is also working on the Golden Quadrilateral and other expansion plans under the Rashtriya Rail Vikas Yojana. The program includes projects related to capacity expansion of the Golden Quadrilateral and its sides, last mile port connectivity and Western Sector Corridors. The special thing is that this company is also working to raise funds for all the projects. The order book of Railway Vikas Nigam Limited is very strong. It also has a subsidiary c...