On Thursday, Rail Vikas Nigam Ltd (RVNL) traded 0.76% higher, quoting at ₹419.35 per share on the NSE by 3:46 PM, even as leading brokerage Antique Stock Broking assigned a ‘SELL’ rating to the counter with a sharp downside target.
RVNL stock opened at ₹418 in morning trade, reached a high of ₹420.30 and dipped to a low of ₹411.20 during the session.
📈 Market Snapshot: Broader Indices in Green
As of 3:46 PM, May 29, 2025, Indian stock markets were trading firmly in the green:
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Sensex jumped 483.03 points (0.59%) to 81,795.35
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Nifty gained 128.35 points (0.52%) to 24,880.80
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Nifty Bank rose 329.85 points (0.59%) to 55,746.85
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Nifty IT advanced 322.30 points (0.85%) to 37,788.05
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BSE Smallcap Index was up 203.11 points (0.39%) at 52,325.75
📊 RVNL Stock Performance: 1-Year Up, YTD Down
RVNL’s stock has seen mixed returns over different time frames:
| Time Frame | Return (%) |
|---|---|
| 1-Year | +11.70% |
| Year-to-Date (YTD) | –1.09% |
| 3-Year | +1,275.26% |
| 5-Year | +2,846.60% |
Despite a stellar 3- and 5-year performance, the stock has shown signs of fatigue in 2025, particularly after hitting its 52-week high of ₹647, which is now 35.19% off from current levels. It still remains 37.49% higher than its 52-week low of ₹305.
📉 Antique Broking Sees Sharp Downside, Sets ₹216 Target
According to an update from Dalal Street, brokerage house Antique Stock Broking has issued a ‘SELL’ call on RVNL shares with a target price of ₹216, implying a potential downside of 48.49% from current levels.
This bearish view is based on valuation concerns, especially as RVNL’s P/E ratio stands at 68.3, considered high for a PSU.
💼 Company Metrics and Fundamentals
As per latest available data:
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Market Cap: ₹87,487 crore
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P/E Ratio: 68.3
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Total Debt: ₹5,419 crore
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30-Day Average Volume: ~1.23 crore shares/day
RVNL continues to attract volume-driven trades but is now under scrutiny for potential overvaluation.
📌 Quick Summary: RVNL Share Highlights (as of May 29, 2025, 3:46 PM)
| Metric | Value |
|---|---|
| Current Price | ₹419.35 |
| Day’s High / Low | ₹420.30 / ₹411.20 |
| 52-Week High / Low | ₹647 / ₹305 |
| 5-Year Return | +2,846.60% |
| Target Price (Antique Broking) | ₹216 |
| Rating | SELL |
| Potential Downside | –48.49% |
Conclusion: While RVNL remains one of the most explosive PSU performers over the long term, fresh concerns over valuation have led brokerages like Antique to recommend caution. Investors are advised to evaluate risk before making new positions.
