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RVNL and RITES seen diverging in Q2 FY27 outlook

A PL Capital report projects nearly 30% upside for one stock, while the other is expected to face around 17% downside.

Reported · Written up by our desk · Previews

RVNL and RITES Limited are expected to show double-digit revenue growth in Q2 of FY27, but their prospects are seen as sharply different by analysts, according to a PL Capital report cited by LiveMint Markets.

LiveMint Markets says the brokerage forecasts nearly 30% upside for one of the railway PSU names, while projecting around 17% downside for the other as the Q2 earnings season begins.

For RVNL, LiveMint Markets highlights comments from Wealth1 Business Head Charmi Shah, saying the company should fare better on growth terms in Q2 FY27. The outlet also notes RVNL’s Q2 FY26 profit fell nearly 20% to ₹230 crore, and that there are signs of recovery in Q1 FY27.

LiveMint Markets also points to the view on RITES, where Q2 FY27 revenue is expected to rise about 10% year over year, led by turnkey work described as low margin. The outlet additionally cites that the Railway Board had spent 64% of its FY27 capex target by September, supporting execution and billing.

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