Archive · 29 Jul 2026

RVNL Stock Down 39% in 2023

RVNL Stock Down 39% in 2023

RVNL, a company that works on railway projects, has seen its stock drop by 39% this year.

This is the biggest loss for its investors so far.

However, those who bought the stock when it first started are still making a lot of money, with gains of 1,084% over seven years.

The company is working on a big project to double the railway track from Kundawa Chainpur to Raxaul, which is 41.04 kilometers long.

This project is expected to take about three years to complete.

The stock's decline is due to not doing well in the last quarter of the year and investors selling their shares to make a profit.

Sources