SUZLON.NS vs. RVNL.NS

Last updated Jun 5, 2026

SUZLON.NS (Suzlon Energy Limited) and RVNL.NS (Rail Vikas Nigam Limited) are both stocks. Both are in the Industrials sector — SUZLON.NS in Specialty Industrial Machinery, RVNL.NS in Engineering & Construction. Over the past 5 years, SUZLON.NS returned 49.90%/yr vs 53.62%/yr for RVNL.NS. At a 0.31 correlation, their price movements are largely independent.

Performance

SUZLON.NS vs. RVNL.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Suzlon Energy Limited (SUZLON.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, SUZLON.NS achieves a 5.60% return, which is significantly higher than RVNL.NS's -33.60% return.

SUZLON.NS

• 1D: 2.24%
• 1M: 2.39%
• YTD: 5.60%
• 6M: 7.50%
• 1Y: -16.70%
• 3Y*: 69.61%
• 5Y*: 49.90%
• 10Y*: 13.63%

RVNL.NS

• 1D: -1.07%
• 1M: -22.50%
• YTD: -33.60%
• 6M: -23.69%
• 1Y: -44.50%
• 3Y*: 27.06%
• 5Y*: 53.62%
• 10Y*: —

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

SUZLON.NS vs. RVNL.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SUZLON.NS Suzlon Energy Limited	5.60%	-15.35%	62.88%	260.38%	3.92%	59.38%	245.95%	-72.39%
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 SUZLON.NS and RVNL.NS is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Apr 12, 2019	0.31

Over the past year, SUZLON.NS and RVNL.NS have become more correlated (0.53) than their long-term average of 0.31, meaning their price movements have been converging.

Return for Risk

SUZLON.NS vs. RVNL.NS — Risk / Return Rank

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

SUZLON.NS

SUZLON.NS Risk / Return Rank: 22
SUZLON.NS Sharpe Ratio Rank: 19
SUZLON.NS Sortino Ratio Rank: 18
SUZLON.NS Omega Ratio Rank: 19
SUZLON.NS Calmar Ratio Rank: 28
SUZLON.NS Martin Ratio Rank: 28

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.

SUZLON.NS vs. RVNL.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Suzlon Energy Limited (SUZLON.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.

	SUZLON.NS	RVNL.NS	Difference
Sharpe ratio: Return per unit of total volatility	-0.52	-1.33	+0.81
Sortino ratio: Return per unit of downside risk	-0.62	-2.23	+1.62
Omega ratio: Gain probability vs. loss probability	0.93	0.75	+0.18
Calmar ratio: Return relative to maximum drawdown	-0.39	-0.99	+0.60
Martin ratio: Return relative to average drawdown	-0.72	-1.74	+1.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SUZLON.NS vs. RVNL.NS - Sharpe Ratio Comparison

The current SUZLON.NS Sharpe Ratio is -0.52, which is higher than the RVNL.NS Sharpe Ratio of -1.33. The chart below compares the historical Sharpe Ratios of SUZLON.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

	SUZLON.NS	RVNL.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.52	-1.33	+0.81
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	0.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	0.92	-0.99

Drawdowns

SUZLON.NS vs. RVNL.NS - Drawdown Comparison

The maximum SUZLON.NS drawdown since its inception was -99.61%, which is greater than RVNL.NS's maximum drawdown of -62.00%. Use the drawdown chart below to compare losses from any high point for SUZLON.NS and RVNL.NS.

Drawdown Indicators

	SUZLON.NS	RVNL.NS	Difference
Max Drawdown Largest peak-to-trough decline	-99.61%	-62.00%	-37.61%
Max Drawdown (1Y) Largest decline over 1 year	-42.07%	-44.77%	+2.70%
Max Drawdown (3Y) Largest decline over 3 years	-53.29%	-62.00%	+8.71%
Max Drawdown (5Y) Largest decline over 5 years	-53.29%	-62.00%	+8.71%
Max Drawdown (10Y) Largest decline over 10 years	-91.76%	—	—
Current Drawdown Current decline from peak	-87.74%	-62.00%	-25.74%
Average Drawdown Average peak-to-trough decline	-83.23%	-22.41%	-60.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.94%	25.63%	-2.69%

Volatility

SUZLON.NS vs. RVNL.NS - Volatility Comparison

Suzlon Energy Limited (SUZLON.NS) has a higher volatility of 10.74% compared to Rail Vikas Nigam Limited (RVNL.NS) at 7.63%. This indicates that SUZLON.NS's price experiences larger fluctuations and is considered to be riskier than RVNL.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SUZLON.NS	RVNL.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.74%	7.63%	+3.11%
Volatility (6M) Calculated over the trailing 6-month period	25.54%	28.79%	-3.25%
Volatility (1Y) Calculated over the trailing 1-year period	31.95%	34.08%	-2.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.09%	50.58%	+0.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.56%	51.19%	+5.37%

Dividends

SUZLON.NS vs. RVNL.NS - Dividend Comparison

SUZLON.NS has not paid dividends to shareholders, while RVNL.NS's dividend yield for the trailing twelve months is around 1.15%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
RVNL.NS Rail Vikas Nigam Limited	1.15%	0.48%	0.50%	1.17%	2.68%	4.55%	4.75%	0.40%
SUZLON.NS Suzlon Energy Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both SUZLON.NS and RVNL.NS in my portfolio?

SUZLON.NS and RVNL.NS have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.