Rail Vikas Nigam Limited or RNVL Share Price is again on the news as investors are more interested in knowing about the company’s performance and target price. How the Navratna PSU stock might perform today? Let’s find out market experts’ analyses, recent news, and other information.
RNVL Share Price in Today’s Market
As of today, 28th March, RVNL Share Price is at 360.50 which is 1.65% higher than the opening price. The stock opened at Rs 356.95 today. Touched a high of Rs 367.20, the current UC Limit is at Rs 425.55 and LC Limit is at 283.75. The total market capitalization of the company stands around 75,144 crore.
Company Financials
The company has reported a net profit of Rs 311.58 Crore in its third quarter financial report. This is 8.6% higher compared to the same period last year. But, despite net profits increase, revenue for the same period declined by 4.73% to Rs 4892 crore which was Rs 5136 Crore last year. Currently, EBITDA stands at Rs 564.91 Crore.
Recent News about RVNL
- Recently the RVNL has secured a contract of Rs 554.47 Crore for constructing 9 stations under the Bengaluru Suburban Rail Project.
- Care Edge reaffirmed RVNL’s credit rating at CARE AAA. This indicates strong financial health and stability of the company.
- Although the stock has recently dropped by 42% from its highest from July 2024. The stock has gained nearly 965% over the past three years.
RVNL Share Target Price
According to analyst RNVL Share, target prices are quite fluctuating. Some suggest prices could touch Rs 780.24 by the end of this year. On the other hand Consensus suggests, RVNL share price could hit Rs 339 by the end of 2025.
Recommendation on Buy or Sell
In current market conditions 50% of the analysts suggest selling RNVL stocks rest 50% suggest Hold. Moneycontrol and Trendlyne also suggest selling RVNL stocks.
All the information given above is for informational purposes only. Investors are advised to consult with their certified experts before making any investment-related decision.
