RVNL Share Price Prediction For Budget 2023

RVNL Share Price Prediction For Budget 2023: Rail Vikas Nigam Limited is currently trading at around Rs.67. This Mini Ratna company’s stock has almost doubled shareholders’ money in last 2 month as RVNL share price has shot up from around ₹40 to ₹67, delivering to the tune of near 90 per cent return in this time horizon. However, stock market experts are still bullish on the RVNL scrip as they are expecting this stock get benefit of pre-budget rally in next two months.

RVNL- A Mini Ratna Company

RVNL is among the companies that deals in rail infrastructure sector. Share Market is expecting that the upcoming union budget will be an infra-focused budget and the Finance Minister Nirmala Sitharaman may announce some major rail infra project in budget 2023. Hence, market is highly bullish on RVNL shares and the stock may continue to trend upside with some pauses caused by profit-booking trigger. RVNL share price may go up to ₹100 ahead of the union budget presentation.

Short Term Prediction & Target for Medium & Long Term

Existing Investors should continue to hold this Share in their portfolio and Fresh investors can start accumulating RVNL shares from current price range of ₹67 to ₹70 for significant gains in the short term, medium term and long term as being discusses in this article.

RVNL Share price is expected to rise significantly on medium to long term basis IN 2023, 2024 & 2025

RVNL share price is also expected to perform handsomely in the short run also and one can see a significant gains post announcement of Budget for 2023.

RVNL Share Price Prediction For Budget 2023:

We can expect significant Share price appreciation by the end of 2023. Expected Price at that time is likely to be in the range of 90-100

RVNL Share Price Prediction 2024 & 2025:

Long term investors can expect share price around 100-150 by the end of  2024

Long term investors can expect share price around 150-200 by the end of 2025

Disclaimer : Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the market expectations from the Budget 2023. Investors are advised to take into consideration all these factors before making any investment in Capital Market.