Today, on March 7th 2025, the Rail Vikas Nigam Limited shares experienced a surge since the opening bell. This price rise came after RVNL announced its acceptance of the South Western Railway Project. This Project is a contract valued at Rs.156.36 crores and includes engineering, procurement, and construction.
Today, RVNL shares began at Rs. 346.40 and are up by 2.65% compared to the opening bell rates.
RVNL Share Price in Today’s Market
At 10:10 a.m., RVNL’s share price is 345.70, almost 2.3% higher than the previous close- 33755. And 1.4% higher than its opening rate. According to the reports and estimates on Money Control, the company’s current market capitalization shows 72,006 cores; the UC Limit is 405.05, and the LC Limit is 270.05.
Company Financials
RVNL reported its Q3 financial statements on February 14th. The data records a decline in the company’s net profits by 2.6% year-over-year to Rs. 4,567.38 crore, compared to Rs. 4,689.33 crore in the same quarter of the previous fiscal year. RVNL said it gained Rs. 311.58 crore in profits, a 13% decline compared to last year. The operating profit stood at Rs. 231.89 crore, a drop of 5.07% from Rs. 244.27 crore in the corresponding quarter of the previous year.
Recent News About RVNL
- On January 3rd, 2025, RVNL executed an MoU with the Visakhapatnam Port Authority to improve rail connectivity and infrastructure for smoother logistics and operations.
- On January 8th, 2025, RVNL signed an MoU with GBH International to weigh potential opportunities in civil infrastructure projects.
- On February 6th, 2025, RVNL appointed Sandeep Jain as an Additional Director.
RVNL Share Price Target
Analysts on Trendlyne reported that Rail Vikas Nigam Ltd. has an average target of 463. The consensus speculates an upside of 33.08% from the last price of 347.90.
Should You Buy, Sell, Or Hold?
Despite the slight uptick in share prices, 50% of analysts on Money Control suggest selling, and the other 50% suggest holding the shares. Experts on Trendlyne, however, also suggest buying. Before investing in RVNL, consider its long-term performance and consult your analyst.
