RVNL shares jumped 9% in early trade. Worst over for multibagger PSU stock?

Shares of Rail Vikas Nigam Limited (RVNL) jumped 9% in early trade, reflecting renewed investor optimism. Analysts suggest that the worst might be over for this multibagger PSU stock, which has shown resilience despite market volatility. The surge in share price is attributed to strong quarterly results, strategic contracts, and overall positive sentiment in the infrastructure sector. RVNL's performance highlights its potential as a long-term investment, especially as the company continues to secure high-value projects. Investors are increasingly viewing RVNL as a reliable stock in the PSU segment.