This railway stock made 1 lakh to 14 lakh in 5 years, shares may jump again due to the order of Rs 178 crore

Rail Vikas Nigam Ltd: RVNL has received an order of Rs 178.64 crore from IRCON International Limited (IRCON) for signaling and telecommunication works. Due to this, its shares are likely to rise again.

Rail Vikas Nigam Ltd: Rail Vikas Nigam Limited (RVNL) said on Thursday (August 14) that it has received an order of Rs 178.64 crore from IRCON International Limited (IRCON) for signaling and telecommunication works.

What work will have to be done?

Under this project, RVNL has to handle the work of signaling and telecommunications in 10 stations like Surkachhar, Block Cabin, Katghora Road, Bhingra, Putuwa, Matin, Sendurgarh, Putipkhana, Dhangawan, and Bhadi. Apart from this, Electronic In-Motion Weighbridge (EIMWB) materials have to be supplied, installation and testing work has to be done, as well as commissioning of centralized electronic interlocking (EI). Six new Intermediate Block Signaling (IBS) systems are also to be installed in some sections between Bhingra and Pendra Road.

The stock made investors rich

This multibagger stock has also made huge profits for investors. Its shares have jumped 1363 percent in the last five years and 947 percent in three years. That is, during this period, the share of Rs 22.15 has now crossed Rs 324. On Thursday, the shares of Rail Vikas Nigam Limited closed at Rs 324.20 with a fall of 2.05 or 0.63 percent on BSE.

The 52-week high of the stock of this Navratna company is Rs 619.40, while the 52-week low is Rs 295.25. If someone had invested Rs 1 lakh in the company's stock five years ago and stayed with it during this time, then today the value of the shares bought for the same Rs 1 lakh would have been Rs 14.63 lakh.

Company's first quarter results

Recently, RVNL announced the results of the first quarter of the financial year 2025-26. During this period, a 40 percent decline in profit was recorded. However, it expects that the revenue of FY 26 will exceed the level of FY 25, but due to monsoon rains, challenges are being created in quickly disposing of orders. Looking at the recent financial performance of RNVL, Antique Stock Broking has given its stock a 'Sell' rating. Along with this, the target price has also been reduced from Rs 216 to Rs 204.