Rail Vikas Nigam Share price: Buy the stock on dips! Details explained by HDFC Securities
Rail Vikas Nigam follows an asset light business model, which helps keep its fixed asset part lower, helping it to keep its balance sheet stress free, and resulting in lower inventory days. Rail Vikas Nigam is a project executing agency working for and on behalf of MoR (Ministry of Railways) and has a strong order book visibility which is likely to play a key role in the development of railway infrastructure in India.
Rail Vikas Nigam follows an asset light business model, which helps keep its fixed asset part lower, helping it to keep its balance sheet stress free, and resulting in lower inventory days: Image taken from companies website