RVNL shares will react to Q2 results

On Wednesday, November 12, state-run Rail Vikas Nigam Ltd. (RVNL) shares will be closely watched as the company's stock price responds to the September quarter results that were released on Tuesday after market hours. While Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) and EBITDA margins, as well as the company's net profit, decreased from the same quarter previous year, RVNL's revenue was the only indicator that improved year over year during the quarter. At the end of the first half of the fiscal year, RVNL's operating cash flow also became negative.