Today, March 1st 2025, Rail Vikas Nigam Ltd. or RVNL Share Price experiences declining in it’s pricing. Several factors, like their recent demand notices and the Union Budget’s decision to not increase RVNL’s capex, may have contributed to the drop. You will be surprised to know in past 6 months RVNL Share prices have dropped nearly 45%.
The overall market, too, has been under pressure, with investors exercising caution amid various economic indicators. RVNL’s stock opened to the market at ₹343, 2.02% less than its previous close- ₹350. Considering these facts, read ahead to know if you should buy, sell, or hold.
RVNL’s Share Price in Today’s Market
As of 11 a.m., RVNL is selling its shares at 332.40 a piece. This is almost a 5% drop from the previous close and 3% less than its opening bell rate. According to the reports and estimates on Moneycontrol website, the current market capitalization is arount Rs. 69,306 Cr; the UC Limit shows 420.05, and the LC Limit is 280.05.
Company Financials
RVNL disclosed its third-quarter financials on February 14th. The data reports a decline in net profits. The company said they gained Rs. 311.58 crore in profits, which is a 13% decline compared to last year’s third fiscal profit, Rs. 358.57 Crore. They reported a total revenue of Rs. 4,567.38 crore, a 2.6% decrease compared to Rs. 4,689.33 crore in last year’s third quarter.
Recent News About RVNL
- RVNL has secured a contract of Rs. 554.47 crore to build nine stations in the Bengaluru Suburban Rail Project (BSRP).
- The new railway bridge connecting mainland India to Pamban Island in Tamil Nadu, thereby increasing accessibility to Rameshwarem, is anticipated to open soon.
- The competition date for the Kolkata Metro Orange Line Expansion has been moved to March 2025
RVNL Share Price Target
According to analysts on Trendlyne, Rail Vikas Nigam Ltd. has an average target of 463. The consensus estimate speculates an upside of 39.29% from the last price of 332.40
Should You Buy, Sell, Or Hold?
Considering the facts, 50% of analysts of Money Control suggest ‘sell,’ while the other 50% recommend holding on to stocks. Analysts of Trendlyne, however, also support buying.
Before making your final move, consider RVNL’s long-term performance and consult your analyst to make your perfect move. As invest in stock market involves risk.
