Hello friends, welcome to all of you in our another new and latest article, today through this article we are going to tell you about very important news related to RVNL shares. Friends, this quarter of the year 2023 has been quite tremendous.
The fortunes of many companies have changed and there is a tremendous bullish environment in these companies and one of these names is RVNL and the government also seems to be focusing a lot on this sector. The government is continuously working to expand the railway sector. She seems to be making big predictions
So let us know what news has come today related to RVNL share which is going to prove to be very important for you but before proceeding further, you would like to make a request to everyone that if you have come to our website for the first time.
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| Financial Metric | Value |
| Market Cap | ₹ 34,966 Cr. |
| Current Price | 168 |
| High / Low | ₹ 199 / ₹ 56.0 |
| Stock P/E | 23.6 |
| Book Value | 37.9 |
| Dividend Yield | 0.0126 |
| ROCE (Return on Capital Employed) | 0.178 |
| ROE (Return on Equity) | 0.208 |
| Face Value | 10 |
| Profit after tax | ₹ 1,479 Cr. |
| ROE 3Yr | 0.194 |
| Return on equity | 0.208 |
| Promoter holding | 0.728 |
| EVEBITDA | 14.5 |
| Profit growth | 0.0956 |
| Industry PE | 29.8 |
| Return over 3 years | 1 |
| Profit Variation 3 Years | 0.234 |
| Debt | ₹ 5,981 Cr. |
| Debt to equity | 0.76 |
| Reserves | ₹ 5,823 Cr. |
| Current assets | ₹ 11,428 Cr. |
| Current liabilities | ₹ 6,925 Cr. |
| Earnings yield | 0.0685 |
| Current ratio | 1.65 |
| Return over 3 months | 0.346 |
Let us tell you that recently the news related to the company is coming that a fine has been imposed on the company and it is being said that fine has been imposed on RVNL by the two big stock exchanges of India, NSE and BSE. On November 23, this information came to light that during the September quarter.
This railway company did not have appropriate number of independent investors and if we look at the rules, it is said that the company should have appropriate number of independent directors available as per the rules imposed by the company. The company clarified on this and said that it has come to light
This is not the work of the company but of the government. In which the Government of India appoints the board director for the company but due to this a fine of Rs 10.84 lakh has been imposed on this company. Let us know all the fundamentals of this company through the table so that you can see the correct analysis of the company.