RVNL Share Price Target

This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated RVNL share price target 2024 to 2030, and 2035 are shown below.

Overview

Rail Vikas Nigam Limited develops infrastructure projects to improve Indian railway transportation. Our Honorable Prime Minister, Late Shri Atal Bihari Wajapayi, launched the National Rail Vikas Yojana (NRVY) on December 26, 2002 to incorporate NRVY, Rail Vikas Nigam Limited (RVNL) was launched as a PSU in January 24, 2003 and the corporate office is in New Delhi.

RVNL share price target : 2024, 2025, 2026, 2027, 2028, 2029, 2030, up to 2040 and 2050

What is the performance of RVNL?

Rail Vikas Nigam Limited turnover CAGR grew by 21.70% year over year in the last five financial years, 2018-2023. EBITDA and profit after tax (PAT) grew  by 32% and 20% YoY respectively.

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RVNL future plans and future share price

RVNL has completed many infrastructure projects, such as the New Line, railway electrification, workshops, metro railways, institutions, bridges, hills railway projects etc. and has also planned development projects in the coming years. With a good number of financials, we may assume tremendous growth in share price.

RVNL share price target 2024

The RVNL closing share price as of November 22, 2024, is 422.25. It is not a fixed share price; fluctuation happens every second in the open market. The company has Project Management Units (PIUs), Joint Ventures (JVs), six Special Purpose Vehicles (SPVs), and subsidiaries with better management skills. RVNL share price target for 2024 may increase to 310 in the middle of the year and 390 at the end of the financial year.

RVNL share price target 2025

One of the subsidiaries, High Speed Rail Corporation of India (HSRC), assures efficient and fixed-term completion of infrastructure development, construction, and development of rail not only in India but all across the world. The price target may rise to 462 in the middle of the year and 513 at the end of the year.

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RVNL share price target 2026

In FY 2021–22, HSRC Infra Service Limited saw an increase in turnover of 18.29% over the previous year. The company’s profit after tax (PAT) climbed by 73.32% from Rs 190.61 lakhs in 2021–2022 to Rs 330.37 lakhs in 2022–2023. Based on these figures, the share price may increase to 560 as the first target for the year 2026 and 610 as the second target for the same year.

RVNL share price target 2027

In comparison to FY 2021–2022, reserves and surplus in 2022–2023 increased by 23.90%, and the corporation has low debt. The share price target for 2027 may increase to 723 in the middle of the year and 850 at the end of the year.

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RVNL share price target 2028

The company is currently running with a moderate number of ROE and ROCE of 19.57 and 16.94, respectively, as of March 31, 2023, and it has the highest ROE and ROCE in the past 5 years. (ROEs above 20% and ROCEs above 15% are considered good percentages.) Share price targets may range from 925 as the first target to 1150 as the second target in 2028.

RVNL share price target 2029

As of March 31, 2023, Rail Vikas Nigam Limited’s debt-to-equity ratio is 0.99. When the debt-to-equity ratio is less than 1.5, it is deemed favorable.  Price target for 2029 may range 1255 in the middle of the year and 1310 at the end of the year.

RVNL share price target 2030

In 2022–2023, RVNL completed more than 1000 kilometers of new railway track construction, doubling, and gauge conversion that is, the construction of double tracks and the conversion of single track railways to another gauge. With these developments in Indian railways, the share price may rise to 1255 as a first objective and 1310 as a second aim by 2030.

RVNL  share price target 2040

The last five years have seen an 89.14% CAGR growth in share price. In the fiscal year 2022–2023, the company paid its highest payout of Rs. 444 crore; in the year prior, dividend payments had reached up to 330 crore. The target share price for 2040 may rise to 5556 in the middle of the year and 5790 at the end.

RVNL  share price target 2050

Considering this building company’s track record and future goals, there could be a significant amount of profit in the near future. The business also attained Miniratna status in 2013. Typically, this distinction is given to businesses that continue to operate profitably for three years while maintaining a high turnover rate. For the year 2050, the share price may rise to 8852 as the first aim and 9554 as the second target.

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Pros and Cons

Pros

• RVNL showed better returns than the Nifty index in March and April 2024.
• A bullish trend is showing stock trading above the 200-day moving average.
• The company has a low debt-to-equity ratio.

Cons

• Institutional and FII investors have decreased holdings.
• Profit margins are not stable.

FAQ

Conclusion

The Company’s financials are good, they are increasing steadily. EPS, Net profit, turnover, EBITDA are growing yoy. The share price is also on a bullish trend, and it is above a 52-week-high. Thus, current PE is higher than industrial PE, and PE is believed to be high if it is above 20-25. Usually, a stock correction happens when the price is overvalued but, it is not necessary to be, even small corrections happen frequently.

In this article, share price targets are shown on the basis of past performance, fundamental and technical analysis. It is only for educational purposes, so don’t consider it a buying or selling recommendation. Happy learning.