In the stock market today, some companies are doing exceptionally well.
Let’s take a closer look at two railway-related stocks that are making investors very happy.
Rail Vikas Nigam (RVNL)
RVNL is a company associated with railways, and today its stock is performing impressively.
By 10 am on the BSE, RVNL’s stock reached a new high for the year, reaching Rs 158.
Indian Railway Finance Corporation (IRFC)
IRFC is another railway-related company that is doing exceptionally well.
Today, IRFC shares opened at Rs 57.20 and reached Rs 66.50, which is an increase of over 18 percent in one day.
In the past year, IRFC’s stock has grown by a remarkable 195 percent.
IRFC Achieves a Market Cap Milestone
IRFC’s share price has nearly doubled since July, reaching a market capitalization of over Rs 87,000 crore.
This is an impressive achievement for the company.
RVNL’s Impressive Performance
If we look at RVNL’s stock, it opened at Rs 141.95 and reached a high of Rs 158. At 10:10 am, it was trading at Rs 155.25.
Over the past year, RVNL’s stock has seen an outstanding growth of 371 percent, having increased nearly fivefold from its lowest point in the last 52 weeks, which was Rs 32.60.
These are exciting developments in the stock market, showing that railway-related stocks like RVNL and IRFC are performing exceptionally well and providing great returns to investors.
