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Rs 19 to Rs 126: This railway stock turned into a multibagger in a year; can it touch Rs 200 mark?

RVNL shares fall 4% on Q4 earnings; where s the stock headed now?

Shares of Rail Vikas Nigam Ltd (RVNL) snapped two-day gaining streak today after the railway firm announced its Q4 and annual earnings. RVNL opened 3.66% lower at Rs 117.10 against the previous close of Rs 121.55 on BSE. Later, the stock fell 4.57% to Rs 116 on BSE. Total 7.74 lakh shares of the firm changed hands amounting to a turnover of Rs 9.06 crore. Market cap of RVNL fell to Rs 24,394 crore on BSE. The stock hit a 52-week low of Rs 29 on June 21, 2022 and a record high of Rs 144.50 on May 8, 2023.

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