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RVNL Ltd. Share Rising on New Order Wins!

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RVNL is a leading player in India’s railway development projects, with a strong focus on the Golden Quadrilateral. They manage various initiatives, including new rail lines, track doubling, electrification, and more, providing turnkey solutions.

Stock Performance:

Source: Trading View

Source: Moneycontrol.com

Financial Highlights (Q1FY24):

  • Revenue increased by 20% YoY to ₹4,640.7 crore.
  • Net profit jumped by 15% YoY to ₹343 crore.

RVNL’s Robust Orderbook:

  • Secured a ₹420 crore order from  Vadodara Division of Western Railway
  • Secured a ₹322 crore order from Madhya Gujarat Vij Company.
  • Bagged ₹11,256 crore worth of orders from Chennai Metro Rail for Phase II.
  • Emerged as the lowest bidder for Maharashtra Metro Rail projects worth ₹256.19 crore, among others.


For investors eyeing midcap and smallcap railway stocks, a balanced approach is advisable.

While there’s potential for high returns, consider diversifying through well-researched options like thematic smallcases or portfolios with railway exposure for a safer investment than individual stock picking.

Microcaps are gaining attention, but caution is essential. Their value can be highly volatile, so don’t solely chase momentum when considering microcap investments.

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5th Floor, Unit no. PO5-01A, PO5-01B, PO5-01C, Building No-51, Tower A, WTC Gift City, Village Ratanpur, Gandhinagar, Gujarat, 382355

CIN: U65990GJ2019FTC115697

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RVNL Ltd. Share Rising on New Order Wins!
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