RVNL Share Price | Rail Vikas Nigam shares get 15% returns in one day!

RVNL Share Price | The meeting of G-20 countries under the chairmanship of India has ended and the delegates who came from abroad have gone back to their country. The impact of the G20 Summit is being seen on the stock market today. In the initial trading of the stock market on Monday, the shares of Rail Vikas Nigam Limited rose by more than 7 percent and reached the level of Rs 174. After some time, the shares of Rail Vikas Nigam Limited were trading at the level of Rs. 187 at a gain of about 15 percent. Shares of Rail Vikas Nigam Limited touched a high of Rs 191 on Monday.

RVNL Share Price | 52-week high

Shares of Rail Vikas Nigam Limited, with a market cap of about Rs 38098 crore, are at a 52-week low of Rs 33. Shares of Rail Vikas Nigam Limited have also hit a 52-week high on Monday.

RVNL Share Price | Railway Stocks Zoomed

In the G-20 meeting held in New Delhi from Friday to Sunday, many such things have been said that make the future of infrastructure companies look bright. In Monday’s trade, most stocks of the railway and shipping business recorded a spectacular rise.

At the G-20 New Delhi meeting, global leaders announced that they are going to make multinational rail and port deals. This will connect the Middle East and South Asia. The impact of this announcement made on Saturday was being seen on the stock market on Monday.

The US President is pushing for developing global infrastructure while competing with China’s One Belt One Road Corridor. The US President said that the focus should be on creating better connectivity between developing countries.

RVNL Share Price | Other Railway Shares

Most shipping and infrastructure stocks rose in Monday’s trade. Shares of companies like Titagarh Rail Systems, Cochin Shipyard, Mazagon Dock, Garden Reach Shipbuilders registered good gains.

The US President has said that connecting the world’s ports can prove to be a more stable, prosperous and integrated way for development.

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