New Delhi, Nov. 12 -- RVNL share price in focus today: Rail Vikas Nigam Limited (RVNL), a railway infrastructure company, saw its shares drop 3% in early trade on Wednesday, November 12, to the day's low of Rs.308 apiece following the release of the company's September quarter performance, which came in lower than Street estimates.

The company, post-market hours on Tuesday, reported a decline in both operating level and net profit, while revenue was the only metric that showed growth on a year-on-year (YoY) basis. The major railway reported a 20% fall in consolidated net profit to Rs.230.52 crore in the September quarter, impacted by higher expenses.

It had clocked a net profit of Rs.286.90 crore in the year-ago period, the company said...