On March 5 2025, the Rail Vikas Nigam Limited or RVNL Share Price saw a 3% surge since the opening bell. This incline is after RVNL received a Letter of Acceptance for a Rs. 729.82 crores project from HPSEBL (Himachal Pradesh State Electricity Board Limited). RVNL shares opened to the market at Rs. 333.40 and is currently up by almost 3% compared to the opening bell rates.
RVNL Share Price in Today’s Market
At 10:00 a.m., RVNL’s share price is 345.25, nearly 5.7% higher than the previous close. And 3.6% higher than its opening rate. According to the reports and estimates on Money Control, the current market capitalization shows 72,141 cores; the UC Limit is 391.35 and the LC Limit is 260.95.
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, a 13% decline compared to last year’s third fiscal profit, Rs. 358.57 Crore.
Recent News About RVNL
- In December 2024, RVNL entered into a Rs. 270 crore contract with Maharashtra Metro Rail Corporation Ltd to construct 10 elevated metro stations under Phase II of the Nagpur Metro Rail Project.
- Kolkata Metro Orange Line Phase II Extension is delayed, and the completion is set for March 2025
- RVNL plans to recruit graduate engineers through the Graduate Aptitude Test in Engineering (GATE) 2025.
RVNL Share Price Target
Analysts on Trendlyne project the following for RVNL share targets. Rail Vikas Nigam Ltd. has an average target of 463. The consensus estimate represents an upside of 37.37% from the last price of 337.05.
Should You Buy, Sell, Or Hold?
While most support holding shares on Trendlyne, 50% of market experts on Money Control suggest selling, and the other 50% recommend buying.
Before investing in RVNL, consider its long-term performance and consult your analyst to make the perfect move.
