Rail Vikas Nigam shares extend losing streak to fifth session, drop over 3.5% to 2-year low
New Delhi, June 2 -- The post-earnings sell-off in Rail Vikas Nigam Limited shares extended into a fifth straight session on Tuesday, June 2, with the stock falling another 3% to the day's low of Rs.232.80 apiece. The stock was last seen around these levels in April 2023, highlighting sustained selling pressure in the railway major.
Over the last five trading sessions, including today, the stock has cumulatively lost 14.5% of its value, bringing its market capitalisation below Rs.50,000 crore and making it one of the worst-performing mid-cap stocks of 2026.
The stock has been on a downward trajectory since the beginning of the year, with the sell-off intensifying after the company announced its March quarter results last week, which cam...
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