The stock gave multibagger returns of 187 per cent in just 1 year and a whopping 800 per cent in 3 years. Rail Vikas Nigam Ltd (RVNL), along with its joint venture partner KRDCL, has emerged as the lowest bidder for orders totalling Rs 678,05,61,753 from Southern Railway. The larger project is the redevelopment of Thiruvananthapuram Central Railway Station on Engineering, Procurement.
Open FlipCopper and aluminium, the most used industrial metals, have gained substantially in the past few weeks. The rally was associated with supply uncertainties and a notable increase in global demand. The Western ban on Russian metals, hopes of US rate cuts, and diversification of holdings of central banks also uplifted the sentiments.
Open FlipIREDA share price: Shares of Indian Renewable Energy Development Agency (IREDA) Ltd will be in focus on Monday when the Indian stock market reopens after the weekend close. The reason for this PSU stock to remain on focus is the latest 'Navratna status' being accorded to the state-owned company by the Government of India (GoI).
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