1. Rail Vikas Nigam Limited is a category I mini ratna CPSE company.
2. Rail Vikas Nigam Limited (RVNL) is a 10 rupee face value Engineering Designing & Construction company.
3. RVNL official website address:- https://rvnl.org/home
4. RVNL was incorporated as PSU on 24.01.2003.
5. The company began its operation in 2005 with the appointment of the Board of Directors. The company was granted Miniratna status in September 2013.
6. Wikipedia link about RVNL:-https://en.wikipedia.org/wiki/Rail_Vikas_Nigam
7. RVNL March 2022 net profit is 37201 Lakhs.
8. Year high of RVNL is 44.80 and the Year low is 27.80, Year high/low ratio is stable below 2.
9. Net sale per share of RVNL is 92.96 so in net sale per share term this stock is a value buy, if you are not read my research terms earlier then read these research terms here:- Research Terms of Mahesh Kaushik
10. Do not underestimate the power of net sale per share watch this 1-minute short video to understand how net sale per share recommendations give multi-bagger returns in the long run:-https://www.youtube.com/shorts/qWbJZNlzLCM
11. Book value of RVNL is 27.01 and CMP is 31so the stock traded near his book value.
12. Base price ( 3 Years average price) of Rail Vikas Nigam Limited (RVNL) is 26.91 So CMP 31 is 15.19 % above from base price, this is as per my book "How to make profit in share market" (Old name The winning theory in stock market both books are same).
13. For download 3-year price data, base price, and graph;- Click here
14. On 24 March 2022 RVNL gives 1.58 rupees per share intrim dividend.
15. See the latest financial results here:-https://www.bseindia.com/stock-share-price/rail-vikas-nigam-ltd/rvnl/542649/financials-results/
16. I recommended buying it with my STP method and the STP price for 16 July 2022 to 31 July 2022 is 31.85, In the STP method buy our target is 25% plus.
13. For more details of the STP method watch this video:-https://youtu.be/gREpTaV50bA
(Watch this video for automated STP price google sheet:-(https://www.youtube.com/watch?v=dpow44oGVY4)
14. Link of my Earlier STP recommendations:-
https://docs.google.com/spreadsheets/d/1ZWtF5z718RkLoz7QMIwtsOa4oXpP0dnHCVOlcSqFyaQ/edit?usp=sharing
15. Link of my books:- https://amzn.to/3IRNRHo
16. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog.
17. Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I have also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives do not hold any share of RVNL so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company (RVNL). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates and relatives have not received any type of compensation from the subject company(RVNL) in the past twelve months. 5. I am not served as an officer, director, or employee of the subject company ( RVNL ). 6. I have been not engaged in the market-making activity for the subject company (RVNL).
