RVNL stock price falls 5% as Q3 profit falls
Fri, Feb 9, 2024 10:12 AM

RVNL stock price falls 5% as Q3 profit falls

A Flip by Avya Verma
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On February 9, Rail Vikas Nigam Limited (RVNL) stock opened 5% lower after reporting a 6.2% drop in net profit for the December quarter. The company's revenue increased by 6.4%, but EBITDA fell by 9.6%. RVNL also won a bid for a Rs 251-crore power project in Jabalpur. Investors are advised to seek expert advice before making any investment decisions.

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