Rail Vikas Nigam shares extend gains for third day, surge over 9% today ahead of Q2 results

Résumé détaillé

Shares of RVNL are trading above their 50-day moving average (DMA) of ₹198.29 and 100 DMA of ₹213.69. However, it is still below its 200 DMA of ₹249.5. The stock is down 68% from…

Shares of Rail Vikas Nigam (RVNL) extended their gains for the third consecutive day on Wednesday, November 11, rising over 9%, ahead of their second quarter results, which are scheduled to be announced later in the week.

The stock has risen 13.9% over the three sessions. It has also traded with gains in five out of the last six sessions.

RVNL is scheduled to report its earnings for the September quarter and the first half of the financial year 2027 on Friday, November 13.

RVNL reported its first quarter earnings on August 11, 2026. Its net profit increased 18.5% to ₹159 crore from ₹135 crore in the previous year. Its revenue of ₹4,321 crore was up 10.5% from ₹3,909 crore in the first quarter last year.

The company's earnings before interest, taxes, depreciation and amortization (EBITDA) surged to ₹185.4 crore from ₹56 crore in the first quarter of the previous fiscal and its margin expanded to 4.3% from 1.43% in the year-ago period.

Shares of Rail Vikas Nigam (RVNL) gained 9.2% to hit an intraday high of ₹220.32 apiece on Wednesday. The stock is trading above its 50-day moving average (DMA) of ₹198.29 and 100 DMA of ₹213.69. However, it is still below its 200 DMA of ₹249.5.

The stock is now off the highs of the day, currently trading 3.9% higher at ₹209.46. The stock is down 68% from its all-time high level that it had surged to back in 2024.

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