Rail Vikas Nigam Ltd Surges with Rs 227.99 Crores in Traded Value Today
Rail Vikas Nigam Ltd (RVNL) has shown notable trading activity, with a volume of over 6.8 million shares and a market capitalization of Rs 68,962 crores. The stock has outperformed its sector recently, indicating increased investor participation and robust liquidity in the mid-cap construction sector.
Rail Vikas Nigam Ltd (RVNL), a prominent player in the construction industry, has emerged as one of the most active equities today, showcasing significant trading activity. The stock recorded a total traded volume of 6,876,152 shares, with a total traded value of approximately Rs 227.99 crores. Opening at Rs 322.65, RVNL reached an intraday high of Rs 335.65, reflecting a 4.55% increase from the previous close of Rs 321.05. The stock's last traded price stands at Rs 333.15.In terms of performance, Rail Vikas Nigam has outperformed its sector by 2.74%, marking a consecutive gain over the last two days with a total return of 5.76% during this period. The stock's delivery volume on November 14 was notably high at 166,900 shares, which is a 38.03% increase compared to the five-day average delivery volume, indicating rising investor participation.
While the stock is currently above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. With a market capitalization of Rs 68,962 crores, RVNL continues to demonstrate robust liquidity, suitable for trades around Rs 3.1 crores. Overall, Rail Vikas Nigam Ltd's performance today reflects a dynamic trading environment within the mid-cap construction sector.
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