RVNL

Current Market Snapshot CMP: ₹330–335 Market Cap: ₹69,000 Cr P/E Ratio: 60x Book Value: ₹45.9 Dividend Yield: 0.5% RVNL is a Navratna PSU under the Ministry of Railways that executes railway infrastructure projects such as track doubling, electrification, bridges, and metro projects. Order Book Strength (Big Positive) Order book around ₹97,000 Cr providing strong revenue visibility. Projects include: Railway infrastructure Metro projects Electrification works Highway projects A large order book ensures multi-year execution visibility, which is a key driver for infrastructure stocks. Trend Stock corrected from ₹500 high (2025) to near ₹300 support. Currently in consolidation phase. Key Levels Support ₹300 – Strong demand zone ₹280 – Major long-term support Resistance ₹360 – First resistance ₹400 – Breakout zone ₹450 – Strong resistance If the stock sustains above ₹360, it may move toward ₹400–420 zone.