Rail Vikas Nigam Limited ( RVNL) is an Indian central public sector enterprise which works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development. Due to strong order book and good fundamentals i always add RVNL in my watchlist. On quarterly result RVNL surprise the market estimates and after 8 to 9 weeks of consolidation stock is now again ready for another breakout. CMP : 341 SL: 310 T1 : 400 T2 : 415 T3 : 430
Note :This is not a recommendation it is only for educational purpose.
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