Rail Vikas Nigam Ltd Sees Surge in Trading Activity and Market Resilience

Rail Vikas Nigam Ltd (RVNL), a prominent player in the engineering sector, has emerged as one of the most active equities today, showcasing significant trading activity. The stock recorded a total traded volume of 5,935,729 shares, with a total traded value of approximately Rs 22,847.21 lakhs. Opening at Rs 380.50, RVNL reached a day’s high of Rs 390.60 before settling at a last traded price of Rs 390.25.
The stock has demonstrated a strong performance, outperforming its sector by 1.47% and achieving a 3.30% return for the day. Notably, RVNL has been on a positive trajectory, gaining for three consecutive days and accumulating an impressive 8.11% return over this period. The stock exhibited high volatility today, with an intraday volatility of 5.5%.

In terms of liquidity, RVNL remains robust, with a delivery volume of 2,661,000 shares on May 15, reflecting a 12.79% increase compared to the five-day average. The stock's market capitalization stands at Rs 81,034.31 crore, categorizing it as a large-cap entity. Overall, Rail Vikas Nigam Ltd's performance today highlights its active trading status and resilience in the market.