VERIFIEDET Markets·27 May 2026negative

RVNL shares crash 8% in 2 days. Here's why PL Capital sees 36% downside potential

AI Summary

·RVNL shares declined over 3% on Wednesday, continuing a two-day losing streak.
·The company reported a 43% year-on-year decrease in its Q4 net profit.
·PL Capital maintained a 'Sell' rating and lowered its target price for RVNL shares.