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Process For Manufacturing Sleeper Vande Bharat Trains With Russian Expertise Back On Track

Process For Manufacturing Sleeper Vande Bharat Trains With Russian Expertise Back On Track
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Rail Vikas Nigam bags order worth Rs 1,088 crore; check OFS updates, share price & other details

RVNL share price: The stock was last seen trading higher than the 100-day and 200-day moving averages but lower than the 5-day, 20- and 50-day moving averages. The counter's 14-day relative strength index (RSI) came at 45.94. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-earnings (P/E) ratio of 20.74 against a price-to-book (P/B) value of 4.27.
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RVNL shares hit 52-week high, up nearly 370% in a year; more steam left?

RVNL share price: The stock was last seen trading higher than the 5-day, 20-, 50-, 100- and 200-day moving averages. The counter's 14-day relative strength index (RSI) came at 80.55. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-earnings (P/E) ratio of 22.47 against a price-to-book (P/B) value of 4.63.
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RITES, RVNL, IRCON, other railway stocks jump up to 9% today; here's why

Railways stocks: Engineering consultancy firm RITES surged 9.47 per cent to hit a 52-week high price of Rs 464. The company would hold a board meeting to consider the first quarter financial results (Q1 FY24) and the first interim dividend for the current financial year on July 28. It has fixed August 7 as the record date for dividend payment
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