Today, February 27 2025, Rail Vikas Nigam Ltd. (RVNL) experiences a decline compared to its opening rate. RVNL’s stock opened at ₹363.05, the same as the previous close and has already reported a low of ₹347.75 and a high of ₹364.70. The current share price stands at ₹353.30, approximately 2.26% lower than the opening bell rate.
Analysts and market experts speculate that the stock drop could be due to the Union Budget Allocation, RVNL’s performance in the third fiscal quarter, and its stock valuation due to the new pipeline project. Analysts believe that RVNL has overpriced their stock. Considering these facts, read ahead to know if you should buy, sell or hold.
RVNL’s Share Price in Today’s Market
As of 12 p.m., RVNL’s share price is 349.10, almost a 4% drop from the previous close. According to the reports and estimates on Money Control, the current market capitalization shows Rs. 72,756 Cr; the UC Limit is 436.20; and the LC Limit is 290.80.
Company Financials
RVNL disclosed its third-quarter financials on February 14. The revealed 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.
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 company also signed a project contract worth Rs. 156.36 crore to design, procure, and construct an electrification system between Rayadurga and Topavagada.
- Their project with South Western Railways is worth Rs. 335.4 crores. It involves the survey, design, supply, installation, testing, and commissioning of Kavach, an automatic train protection system.
RVNL Share Price Target
According to analysts on Trading View, RVNL’s share price target ranges between Rs. 215.00 and Rs. 325.00. Market experts also speculate a downside of approximately 6.7% from the current price.
Should You Buy, Sell, Or Hold?
Considering the facts, 50% of analysts of Money Control suggest selling while the other 50% suggest holding on to stocks. While analysts of Trendlyne also support buying. Before making your final move, consider RVNL’s long-term performance and consult your analyst to make your perfect move.