BAJAJ-AUTO.NS vs. RVNL.NS

Last updated Jun 5, 2026

BAJAJ-AUTO.NS (Bajaj Auto Limited) and RVNL.NS (Rail Vikas Nigam Limited) are both stocks. BAJAJ-AUTO.NS operates in Auto Manufacturers (Consumer Cyclical), while RVNL.NS operates in Engineering & Construction (Industrials). Over the past 5 years, BAJAJ-AUTO.NS returned 23.16%/yr vs 53.62%/yr for RVNL.NS. At a 0.25 correlation, their price movements are largely independent.

Performance

BAJAJ-AUTO.NS vs. RVNL.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Bajaj Auto Limited (BAJAJ-AUTO.NS) and Rail Vikas Nigam Limited (RVNL.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BAJAJ-AUTO.NS achieves a 12.38% return, which is significantly higher than RVNL.NS's -33.60% return.

BAJAJ-AUTO.NS

• 1D: 1.16%
• 1M: 1.14%
• YTD: 12.38%
• 6M: 15.35%
• 1Y: 25.82%
• 3Y*: 33.44%
• 5Y*: 23.16%
• 10Y*: 17.67%

RVNL.NS

• 1D: -1.07%
• 1M: -21.30%
• YTD: -33.60%
• 6M: -24.07%
• 1Y: -44.54%
• 3Y*: 27.06%
• 5Y*: 53.62%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BAJAJ-AUTO.NS vs. RVNL.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BAJAJ-AUTO.NS Bajaj Auto Limited	12.38%	8.82%	30.23%	93.71%	15.79%	-2.09%	12.86%	8.66%
RVNL.NS Rail Vikas Nigam Limited	-33.60%	-15.04%	133.73%	173.01%	106.86%	52.46%	9.65%	20.93%

Correlation

The correlation between BAJAJ-AUTO.NS and RVNL.NS is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since Apr 12, 2019	0.25

Return for Risk

BAJAJ-AUTO.NS vs. RVNL.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BAJAJ-AUTO.NS

BAJAJ-AUTO.NS Risk / Return Rank: 73
BAJAJ-AUTO.NS Sharpe Ratio Rank: 76
BAJAJ-AUTO.NS Sortino Ratio Rank: 72
BAJAJ-AUTO.NS Omega Ratio Rank: 67
BAJAJ-AUTO.NS Calmar Ratio Rank: 74
BAJAJ-AUTO.NS Martin Ratio Rank: 77

RVNL.NS

RVNL.NS Risk / Return Rank: 2
RVNL.NS Sharpe Ratio Rank: 1
RVNL.NS Sortino Ratio Rank: 1
RVNL.NS Omega Ratio Rank: 3
RVNL.NS Calmar Ratio Rank: 1
RVNL.NS Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BAJAJ-AUTO.NS vs. RVNL.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bajaj Auto Limited (BAJAJ-AUTO.NS) and Rail Vikas Nigam Limited (RVNL.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BAJAJ-AUTO.NS	RVNL.NS	Difference
Sharpe ratio: Return per unit of total volatility	1.18	-1.33	+2.51
Sortino ratio: Return per unit of downside risk	1.81	-2.23	+4.04
Omega ratio: Gain probability vs. loss probability	1.21	0.75	+0.46
Calmar ratio: Return relative to maximum drawdown	1.92	-0.99	+2.92
Martin ratio: Return relative to average drawdown	5.46	-1.74	+7.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BAJAJ-AUTO.NS vs. RVNL.NS - Sharpe Ratio Comparison

The current BAJAJ-AUTO.NS Sharpe Ratio is 1.18, which is higher than the RVNL.NS Sharpe Ratio of -1.33. The chart below compares the historical Sharpe Ratios of BAJAJ-AUTO.NS and RVNL.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BAJAJ-AUTO.NS	RVNL.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	-1.33	+2.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	1.08	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.92	-0.08

Drawdowns

BAJAJ-AUTO.NS vs. RVNL.NS - Drawdown Comparison

The maximum BAJAJ-AUTO.NS drawdown since its inception was -52.38%, smaller than the maximum RVNL.NS drawdown of -62.00%. Use the drawdown chart below to compare losses from any high point for BAJAJ-AUTO.NS and RVNL.NS.

Drawdown Indicators

	BAJAJ-AUTO.NS	RVNL.NS	Difference
Max Drawdown Largest peak-to-trough decline	-52.38%	-62.00%	+9.62%
Max Drawdown (1Y) Largest decline over 1 year	-13.63%	-44.77%	+31.14%
Max Drawdown (3Y) Largest decline over 3 years	-42.12%	-62.00%	+19.88%
Max Drawdown (5Y) Largest decline over 5 years	-42.12%	-62.00%	+19.88%
Max Drawdown (10Y) Largest decline over 10 years	-42.12%	—	—
Current Drawdown Current decline from peak	-14.83%	-62.00%	+47.17%
Average Drawdown Average peak-to-trough decline	-10.75%	-22.41%	+11.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.05%	25.63%	-20.58%

Volatility

BAJAJ-AUTO.NS vs. RVNL.NS - Volatility Comparison

The current volatility for Bajaj Auto Limited (BAJAJ-AUTO.NS) is 7.00%, while Rail Vikas Nigam Limited (RVNL.NS) has a volatility of 7.63%. This indicates that BAJAJ-AUTO.NS experiences smaller price fluctuations and is considered to be less risky than RVNL.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BAJAJ-AUTO.NS	RVNL.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.00%	7.63%	-0.63%
Volatility (6M) Calculated over the trailing 6-month period	17.84%	28.79%	-10.95%
Volatility (1Y) Calculated over the trailing 1-year period	22.22%	34.08%	-11.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.87%	50.58%	-26.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.43%	51.19%	-25.76%

Dividends

BAJAJ-AUTO.NS vs. RVNL.NS - Dividend Comparison

BAJAJ-AUTO.NS's dividend yield for the trailing twelve months is around 3.47%, more than RVNL.NS's 1.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BAJAJ-AUTO.NS Bajaj Auto Limited	3.47%	2.25%	0.91%	2.05%	3.86%	4.31%	3.49%	1.89%	2.20%	1.65%	2.09%	1.97%
RVNL.NS Rail Vikas Nigam Limited	1.15%	0.48%	0.50%	1.17%	2.68%	4.55%	4.75%	0.40%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both BAJAJ-AUTO.NS and RVNL.NS in my portfolio?

BAJAJ-AUTO.NS and RVNL.NS have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.