Rail Vikas Nigam shares up 25 pc in three days

stock market news

MUMBAI: Though the shares of the government-owned Rail Vikas Corporation were disappointing on the day of listing, the shares have made investors happy in the last 3 days. It has increased 25% in three days. With this, its market capitalization has also increased by one thousand crore rupees during this period.
The share of this company was listed on the issue price of the IPO, ie 19 rupees on April 11 in the stock market. Since then, continuous stock is getting stronger. On Monday, it had an upper circuit of 20% in its stock, which increased the market capitalization of the company to Rs 5000 crore. Even on Tuesday, its shares closed above 25% with a gain of more than 8%.

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