Rail Vikas Nigam Ltd was Incorporated in 2003 by the Govt. of India, it is engaged in the business of implementing various types of Rail infrastructure projects assigned by MoR including doubling, gauge conversion, new lines, railway electrification, major bridges, workshops, Production Units and sharing of freight revenue with Railways as per the concession agreement entered into with Ministry of Railway.
Company and its subsidiaries are engaged in the business of implementing various types of Rail infrastructure projects assigned by the Ministry of Railways (MoR) including doubling (including 3rd/4th lines), gauge conversion, new lines, railway electrification, major bridges, workshops and production units.
The stock is in a clear downtrend, with the price below all major Simple Moving Averages (5, 20, 50, and 200-day), signaling bearish momentum.
But right now break the major support level near 345 INR. But where is OPERATOR CANDLE (340-300 INR) & and price is same range .
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