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RVNL&#39;s share price jumped back in the green on Wednesday morning going up over 3% to hit an intraday high of ₹162.90

Why This Railway Stock Is Climbing 3% Today

Stock MArket Diwali

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RVNL&#39;s share price has been on a tremendous bull run this year, and analysts at Chola Securities see the stock going further up. The brokerage firm in its Diwali picks note, said that the the railway infra space has been buzzing and flooded with orders, on renewed Government&#39;s focus/spending.

Chola Securities&#39; Diwali Picks: Multibagger Railway Stock Still Has Steam Left

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RVNL&#39;s share price slid sharply on Friday morning as the company posted its earnings for the quarter ended September. 

Why This Railway Stock Is Sliding Today

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Railway stocks have stolen the spotlight this year. Railway stocks have been on a remarkable bullish run in the stock market this year. Rail Vikas Nigam Ltd. (RVNL) has been one of the prominent players in this rally, particularly over the past six months, during which the RVNL share price has surged by nearly 180%. This impressive performance has increased the appeal towards the railway stock. 

Is RVNL A Good Buy?

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Last year, one of the recommendations from the firm was RVNL, which has gone up over 350% in the past year.

HDFC Securities&#39; Top Picks For Diwali: Ashish Dhawan-Backed Multibagger Small Cap Stock

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