Will Rail Vikas Nigam Limited Shares Rally More? SEBI RA Gaurav Narendra Puri Sets 3 Upside Targets

The stock currently trades near ₹406, supported by rising profitability and high promoter holding.
A candlestick chart is opened in a trading platform on a smartphone. Photo: Silas Stein/dpa (Photo by Silas Stein/picture alliance via Getty Images)
A candlestick chart is opened in a trading platform on a smartphone. Photo: Silas Stein/dpa (Photo by Silas Stein/picture alliance via Getty Images)
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Deepti Sri·Stocktwits
Updated Jul 02, 2025   |   8:31 PM GMT-04
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Rail Vikas Nigam Limited (RVNL) shares are poised for upside, according to SEBI-registered analyst Gaurav Narendra Puri

With the current market price (CMP) at ₹410, Puri has set target prices at ₹435, ₹460, and ₹480 over a one-month horizon, recommending a stop-loss at ₹390.

At the time of writing, RVNL shares were trading at ₹406.40, down 1.37% or ₹5.65.

Fundamentally, RVNL demonstrates strength with a rising book value over the past three years, a solid return on equity of 15.13%, and consistently increasing EBITDA and annual net profit. 

The promoter holding stands at a healthy 72.8%, adding confidence to the stock’s outlook.

From a technical standpoint, the stock shows bullish momentum with a relative strength index (RSI) above 60 and strong support at the 20-day exponential moving average (EMA). 

Price action indicates support levels visible on charts, and RVNL has exhibited notable strength and volume in the last four trading sessions.

On Stocktwits, retail sentiment was ‘extremely bullish’ amid ‘extremely high’ message volume.

The stock has declined 5.1% so far in 2025.

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RVNL sentiment and message volume as of May 22, 12.20 pm IST. Source: Stocktwits.

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