Rail Vikas Nigam Ltd Shows Active Trading Amid Sector Outperformance and Declining Delivery Volume

Rail Vikas Nigam Ltd (RVNL), a prominent player in the construction industry, has emerged as one of the most active equities today, showcasing significant trading activity. The stock recorded a total traded volume of 18,305,091 shares, with a total traded value of approximately Rs 604.87 crores. Opening at Rs 318.0, RVNL reached an intraday high of Rs 339.5, reflecting a 7.54% increase from its previous close of Rs 315.7. The last traded price stood at Rs 331.75.
In terms of performance, RVNL has outperformed its sector by 5.33%, marking a consecutive gain over the last two days with a total return of 10.05% during this period. However, the stock's delivery volume has seen a decline, with 1.675 million shares delivered on September 1, down 7.1% compared to the five-day average. Despite this, RVNL remains liquid, with trading activity sufficient for a trade size of Rs 3.64 crores, based on 2% of the five-day average traded value.

Overall, Rail Vikas Nigam Ltd's performance today highlights its active market presence and notable trading metrics within the mid-cap construction sector.