Rail Vikas Nigam Ltd share price declines 7% post subdued Q3 results 2025

  • Stock Market today: Rail Vikas Nigam Ltd share price declined more than 7% in the morning trades on Monday post subdued Q3 result performance reported by RVNL on Friday, post market hours

Ujjval Jauhari
Published17 Feb 2025, 09:30 AM IST
Stock Market today: RVNL share price down post Q3 Results
Stock Market today: RVNL share price down post Q3 Results(Pixabay)

Stock Market today: Rail Vikas Nigam Ltd share price declined more than 7% in the morning trades on Monday post subdued Q3 result performance reported by RVNL on Friday, post market hours

Rail Vikas Nigam Ltd share price movement

The Rail Vikas Nigam Ltd or RVNL share price opened at 336.25 on the BSE on Monday, almost 6.6% lower than the previous day i.e Friday's closing price. The RVNL share price thereafter slipped to intraday lows of 333.60 The Rail Vikas Nigam (RVNL) share price thereafter further corrected to intra day lows of 33.60, which meant a intraday decline of more than 7%.

RVNL share price that had scaled all time high or 52 week high of 647, however has been on a downtrend ever since with correction in the markets

 

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RVNL Q3 Results

Rail Vikas Nigam Ltd during the December 2024 quarter saw its consolidated net profit at 311.58 crore decline slightly more than 13% compared to 358.57 crore reported by RVNL during the December 2023 quarter

Compared to 4,689.3 crore revenue from operations reported by the Rail Vikas Nigam Ltd during the October to December 2023 Quarter, the revenues from operations during October to December 2024 quarter decreased 2.6% to 4,567.38 crore.

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Earnings before interest, tax, depreciation, and amortization, or EBITDA, decreased 3.9% year over year to 239.4 crore in Q3FY25 from 249 crore. At 5.2%, the EBITDA margin remained essentially unchanged from the 5.3% margin during the same time in the prior fiscal year.

Rail Vikas Nigam order flows

Rail Vikas Nigam Ltd also remains in news on its order flows. On the 10th of February, RVNL had announced emerging as the Lowest Bidder (L1) from South Western Railway

The RVNL bid was for South Western Railway for “Survey, design, supply, installation, testing and commissioning for KAVACHequipment and other associated works over 790 RKM of Hubballi & Mysuru Divisions of South Western Railway

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.

 

 

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First Published:17 Feb 2025, 09:30 AM IST
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