Given the order booking pipeline of Indian Railways for the next 7-8 years, we believe that the order inflow could sustain RVNL," added Bolinjkar. We believe that the company should be looked at as a multi-year growth story and we recommend holding it for the long-term period. “Though the valuations are on the higher side, RVNL is entering the next leg of growth through diversification and faster project execution. RVNL stock is trading at FY25 EV/EBITDA of 10.9X, which is on the higher side compared to its long-term average of 7.0X, according to Vinit Bolinjkar, Head of Research, Ventura Securities. We suggest that a critical stenosis be defined in terms of its effect on. Investors if they are holding should think of booking profits as the stock has rallied more than 60% in the last two weeks," added Tapse. pressure drop over this wide range of velocities and stenosis geometries. “The outlook for the long term would be re-rated post the change in status and likely to benefit from the Government Infra capital infrastructure (capex) push. In the last 20 days, the stock has doubled.Īccording to Prashanth Tapse, Research Analyst, Senior Vice President of Research at Mehta Equities, the company is in action post getting granted 'Navratna' status, which means RVNL would get a bigger award of contracts and opportunities from Indian Railways on behalf of the ministry for projects assigned to it for execution. The market value of the shares has increased by 20.38% in the past week, and by 67.35% in the past month. On Wednesday's trade, shares of Rail Vikas Nigam Ltd was up for the third straight day and recorded a new 52-week high of ₹130. ![]() ![]() ![]() By default, data/elements cannot be dropped in other. The stock opened at ₹135.65, up 4.2% from previous close price of ₹130.20. The ondragover event occurs when a draggable selection is dragged over a target.
0 Comments
Leave a Reply. |