LIC backed multibagger stock gives 300% return in one year. do you have

rvnl share price history

As mentioned above, RVNL share price has been in an uptrend for a long period. In the last one month, the share price of RVNL has increased by approx. from 72.75 126.35 on the NSE, a gain of over 70 per cent in this time. in the last six months multibagger stock bounced around since 55 At 126.35, it rallied 130 per cent during this time while giving multibagger returns to its shareholders. In YTD time, this LIC backed railway stock has appreciated from 68.55 126.35 per share level, registering a gain of 85% during this time. This is how this multibagger stock has climbed in the last one year from 30.45 126.35 each level, delivering over 300 per cent returns to its long-term shareholders.

Similarly, this multibagger stock has gained momentum in the last five years. from 19.75 126.35 points, climbing almost 550 percent in this time.

impact on investment

Taking a cue from the share price history of RVNL, if an investor had invested 1 lakh in this multibagger railway stock a month back becomes 1 lakh 1.70 Lakh today whereas in YTD time, this would have changed 1.85 lakh today. However, in the last six months, an investor must have tuned 1 lakh 2.30 lakh today. Similarly, if an investor had invested 1 lakh in this LIC-backed stock a year back, its becomes 1 lakh 4 lakhs today.

Similarly if an investor had invested 1 lakh in this multibagger LIC backed stock, its becomes 1 lakh 6.50 lakhs today.

LIC’s stake in RVNL

As per the shareholding pattern of Rail Vikas Nigam Limited for the January to March 2023 quarter, LIC holds 13,29,43,000 RVNL shares, which is 6.38 per cent of the total paid-up capital of the company.

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