Rail Vikas Nigam Share Price Prediction, Financials, and Stock Analysis
Welcome to my analysis of RVNL’s share price target for 2022, 2023, 2024, 2025, and 2030. I’ll be discussing the company’s current share price and target prices for the next few years. I’ll also be giving my opinion on whether or not I believe the company will reach its targets. RVNL is currently trading at Rs. 48.85 (as of 9th February 2021). an annual turnover of Rs. 1,813 crores (FY 2020). The company’s share price has been on a steady decline since December 2020, when it hit its 52-week high of Rs. 61.75.
The stock is down 20% from its 52-week high and is currently trading at a PE ratio of 14.4x (FY 2020). RVNL’s share price is down due to the weak performance of the Indian economy and concerns over the company’s debt levels. The company’s net debt stood at Rs. 4,716 crores as of 31st March 2020 and its interest coverage ratio was just 1.4x in FY 2020. Despite these concerns, I believe that RVNL is a good long-term investment due to the following reasons: 1) The Indian government is likely to increase spending on infrastructure projects in order to boost economic growth. This will benefit RVNL as it is one of the largest engineering and construction companies in India with a strong order book. 2) RVNL has a strong balance sheet with low debt levels relative to its equity base. This gives the company flexibility to raise additional debt if required for future growth projects.
Rail Vikas Nigam Limited Share Price Today
RVNL is an Indian engineering and construction company specializing in railway infrastructure. It is a public sector undertaking under the Ministry of Railways. The company was incorporated in 2002 and its head office is located in New Delhi. RVNL’s share price has been on a steady uptrend over the past few years and is currently trading at around Rs. 140 per share. Investors are bullish on RVNL’s prospects due to the government’s increasing focus on developing the country’s railway infrastructure. The government has allocated Rs. 1.48 trillion for railway infrastructure development in the Union Budget for 2021-22, which is a significant increase from the previous year’s allocation of Rs. 97,000 crores.
This increased budget allocation is expected to benefit RVNL as it is one of the leading players in the railway infrastructure development space. The company’s order book stood at Rs. 2,42,000 crore as of March 2020 and is expected to grow further in the coming years on the back of the government’s increased spending on railway infrastructure development. RVNL’s share price is expected to continue its uptrend in the coming years and may even touch Rs. 200 per share by 2022-23, making it a good long-term investment option for investors with a high-risk appetite. Section 2: RVNL’s share price has been on a steady uptrend over the past few years and is currently trading at around Rs. 140 per share. Investors are bullish on RVNL’s prospects due to the government’s increasing focus on developing the country’s railway infrastructure. The government has allocated Rs. 1
RVNL Share Price Target 2022, 2023, 2024, 2025
The RVNL share price target for 2022, 2023, 2024, 2025, and 2030 is extremely important for investors to consider. The company has a strong future and the share price target reflects this. The company is expected to continue to grow at a rapid pace and the share price target reflects this.