108% Rise in 6 Months: Multilbagger Railway PSU stock RVNL hits all-time high

The rise of the RVNL stock in the last 10 days has been phenomenal as it has risen by 45.52 per cent.

The sharp rise of RVNL started from May 21, the first session after it reported its fourth-quarter results. Photo: File/Representational

The rise of multibagger PSU stock RVNL continued on BSE on Thursday (May 23, 2024) as it hit an all-time high of Rs 374.00 in the morning session.

The stock of Rail Vikas Nigam Ltd (RVNL) had also hit a 52-week high on Wednesday and Tuesday after the PSU reported its fourth-quarter results.

RVNL shares closed the trading session higher by 8.99 per cent, or Rs 30.70, at Rs 372.25 each on Thursday.

The rise of the stock in the last 10 days has been phenomenal as it has risen by 45.52 per cent.

It has skyrocketed by 108 per cent in the six-month period, while it has soared by 230 per cent in the one-year period.

The sharp rise of RVNL started from May 21, the first session after it reported its fourth-quarter results.

The rise also began after the Railway PSU got an order from Southern Eastern Railway.

In the last three trading sessions, the stock has risen by over 15 per cent.