RVNL Share Price Jumps: Rail Vikas Nigam Limited (RVNL) shares saw a rise of about 15% today (February 19). During trading, shares of the government company of the railway sector increased by 14.93% to Rs 383. However, at the close of trading, it closed at Rs 372.90 with a rise of 11.86%.
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RVNL Share Price Jumps 15%
Reason for the rise in shares A day ago, RVNL received work worth Rs 554.46 crore from Rail Infrastructure Development Company (Karnataka). Ltd (K-RIDE) for the Bengaluru Suburban Rail Project (BSRP) It is because of this that the company’s shares are seeing this rise.
RVNL received a Letter of Acceptance from K-RIDE for Package C4A, involving the construction of nine stations under Corridor-4A of the BSRP. The Rs 554.47-crore contract involves building one elevated and eight at-grade stations at Heelalige, Singena Agrahara, Huskur, Ambedkar Nagar, Carmelaram, Bellandur, Marathahalli, Doddanakundi, and Kaggadasapura.
The scope of work includes civil and structural construction, entry/exit structures, steel foot-over bridges, roof structures, pre-engineered building (PEB) works, architectural finishes, and E&M works. The project is set to be completed in 24 months through a joint venture, with RVNL holding 51% and Rithwik Projects Private Ltd (RPPL) holding 49%.
Market Cap of RVNL ₹77.57 Thousand Crore
The market cap of RVNL is Rs 77.57 thousand crore. The company’s shares have given 40.06% returns to its investors in one year. The company’s shares have fallen 14% in the last month and 35% in the last six months. The government held a 72.84% stake in the company till the end of December 2024.
RVNL Share Price Jumps Q3 Results 2025
RVNL’s profit fell 13.1% in the third quarter RVNL’s profit for the third quarter (October-December) of FY 2024-25 fell 13.1% year-on-year (YoY) to ₹311.6 crore. The company’s consolidated net profit in the same quarter a year ago was ₹358.6 crore.
The company’s consolidated revenue from operations has declined by 2.6% on an annual basis. This stood at ₹4,567.4 crore. Revenue in the same quarter a year ago i.e. third quarter of FY24 was ₹4,689.3 crore.
At the operating level, EBITDA (earnings before interest, tax, depreciation, and amortization) was down 3.9% YoY to Rs 239.4 crore in Q3FY25 over Rs 249 crore. The EBITDA margin was largely flat at 5.2% compared to 5.3% in the corresponding period in the previous fiscal.
RVNL Share Price Jumps Target Price
As per Trendlyne data, the average target price of the stock is Rs 357, which indicates an upside of 7% from the current market prices.
Jay Chavda He is the Founder and Writer of businesspulsecare.com. He is an I.T Engineer, Freelancer, Businessman. He posts Business, Stock/Share Market, Finance Related News and updates on the website. 🔗