RVNL Share opened at Rs 342.45 on 18th February. Yesterday it closed at Rs 360. This means today it opened with a dip. The current market capitalization is Rs 68,659 Crore. Planning to invest in RVNL Shares? Check the company financials, Recent news, and Analyst recommendations before investing.
RVNL Share Price in Today’s Market
As of today 18th Feb, RVNL Shares are trading for Rs 329.50 which is already 3.74% down from the opening price. It touched a high of Rs 343.29 and the lowest it dropped was 328.95. As per moneycontrol website upper circuit limit is set at 410.90 and the lower circuit limit is 274.
Company Financials
The company’s Q3 results have been released. It shows a 13.1% downtrend in year-on-year revenue growth. From October to December 2024 the company’s revenue was Rs 311.6 crore whereas in the same period or last year, it made Rs 358.6 Crore.
Recent News on RVNL
- RVNL has secured a project worth Rs 404.4 Crore with East Coast Railway for the Koraput-Singapur Road Doubling project. In this project, RVNL will build major bridges and road over bridges within the coming 30 months.
- RVNL has bid the lowest for the Kavach contract from South Western Railway for Rs 335 Crore.
- The company has received a Letter of Acceptance from BSNL for upgrading, maintaining, and developing Bharat Net’s middle-line network. The cost of the contract is estimated at Rs 3622.14 Crore and should be completed in a 10-year time.
RVNL Share Price Target
As per moneycontrol Upper Circuit is Rs 410.90 and the Lower Circuit is 274.00. According to market experts, RVNL share price could reach up to Rs 780, and Reach 938.15 by 2026.
Recommendation on Buy, Hold, or Sell?
Analyst Consensus has put a ‘SELL’ tag on RVNL Shares. Also in moneycontrol 50% says SELL and 50% says HOLD for RVNL Stocks. Even a few days back ET recommended avoiding RVNL Stock.
