Rail Vikas Nigam Ltd.

NSE: RVNL · Construction

₹202.75

as of 28 Sep 2026

AI verdict · 28 Sep 2026

Bearish 62% confidence

Order wins cannot arrest a 42.63% decline and 34pp underperformance vs NIFTY; missing profitability data and bearish technicals (price 22%…

Strongest bull point

₹93,492 crore order backlog with recent ₹1.3 crore contract wins and dividend payments suggest execution capability and cash generation, implying the 42.63% decline is sentiment-driven cyclical correction, not business deterioration.

Strongest bear point

Severe 34pp relative underperformance vs NIFTY despite order announcements, combined with zero profitability metrics and capital-intensive EPC model, suggests margin compression or working-capital stress masking headline order wins.

Technical Forecast · next 10 trading days

Expected

₹218.87 +8.0%

Range

₹215.70 – ₹219.46

Technical Forecast Fundamental Debate

Free: 5 Forecasts and 5 Debates a month. Log in with your mobile number.

Every call on RVNL, misses included

Bearish 28 Sep 2026 → now Scores 28 Oct 2026

₹202.75 → ₹202.75 0.0%

Our accuracy

Every verdict and forecast here is dated and scored when it matures — right or wrong. The first scored results publish a month after launch.

How we score →

More Construction