On 17th 2025, Rail Vikas Nigam Limited experienced a slight surge of almost 2% in its share prices. A senior government official declared that the GoI will be actively off-loading shares from RVNL, among other companies, in the initial weeks of FY 26. The official stated that the government owns 72.84% of the PSU stock and that shares will be listed under OFS starting in FY26. Given the delays in strategic divestitures and asset monetisation, this action attempts to increase non-tax revenue and preserve market discipline.
Yesterday, RVNL shares opened to the market at Rs. 365.00 and recorded a day-high of Rs. 374.25 and a day-low of Rs. 362.40.
RVNL Share Price Performance On 17th April
At 15:59, when the market closed, RVNL’s share price stood at Rs. 370.85. It was nearly 10.4% higher than its previous close of Rs. 367.05. According to the reports and estimates on Money Control, the market capitalisation was 77,322 cores; the UC Limit was 440.45, and the LC Limit was 293.65.
Company Financials
According to the Q3 financial data, RVNL’s net income dropped 2.6% year over year to Rs. 4,567.38 crore. When compared to the third quarter of the previous year, RVNL’s profit fell 13% to Rs. 311.58 crore. Operating profits decreased by 5.07% to Rs. 231.89 crore from the same quarter last year.
Recent News About RVNL
- In early February 2025, East Coast Railway awarded RVNL a ₹404.4 crore contract for the Koraput-Singapur Road Doubling Project.
- The project entails building 27 large bridges, including five road-over bridges (ROBs) and 22 major bridges, as well as related protection and earthwork between Tikiri and Bhalumaska stations.
- In March, RVNL secured a Rs. 1,360 crore contract by South Western Railway to build a new broad-gauge line between Tumkur and Rayadurga.
RVNL Share Price Target
According to Trendlyne’s reports, Rail Vikas Nigam Ltd. has an average target of 463. The consensus estimate represents an upside of 24.85% from the last price of 370.85.
Should You Buy, Sell, Or Hold?
Most analysts on Trendlyne supported holding the shares. On MoneyControl, however, 50% of market experts recommended holding, and 50% suggested selling the shares. Before investing in RVNL, consider its long-term performance and consult your analyst to make the perfect move.
