Rail Vikas Nigam Ltd (RVNL)

RVNL Stock Declines After Budget Speech - 23 Jul, 2024

Shares of RVNL and other railway companies declined after Finance Minister Nirmala Sitharaman did not mention any allocation for the railway sector in her Budget 2024 speech. However, earlier in the day, RVNL signed an MoU with an Israeli company for railway infrastructure development.

Rail Vikas Nigam Signs MoU with Israeli Company - 22 Jul, 2024

Shares of Rail Vikas Nigam Ltd (RVNL) are expected to be in focus after the company signed a Memorandum of Understanding with United Construction Limited, Israel.

RVNL Shares Surge After Positive Developments - 19 Jul, 2024

Rail Vikas Nigam Limited (RVNL) has seen a surge in its share price due to multiple positive developments, including an MoU with United Construction, increased stake by mutual funds, LIC and FPIs, and a favourable arbitration outcome awarding Rs. 584.22 crore to KRCL.

Rail Vikas Nigam Ltd Shares Down on Profit Booking - 18 Jul, 2024

Shares of Rail Vikas Nigam Limited (RVNL) are down 9% from their recent record high of ₹647 as investors book profits in railway stocks. RVNL's shares have surged over 200% this year, trading at a P/E multiple of 75 times for the current year and 67 times for FY2026.

RVNL Receives Orders Worth Nearly Rs 954 Crore, Potential Inclusion in MSCI Index - 16 Jul, 2024

Rail Vikas Nigam Limited (RVNL) has received orders worth nearly Rs 953.8 crore in July 2024, with significant YoY growth in revenue and net profit. The company is also potentially being considered for inclusion in the MSCI Global Standard Index next month.

RVNL Shares Hit 52-Week High After Securing LoA - 15 Jul, 2024

Rail Vikas Nigam Limited (RVNL) secures Letter of Acceptance (LoA) for OHE modification work in Nagpur division valued at Rs 132.6 crore, leading to a 3.26% increase in RVNL's share price. Additionally, the company reports a Q4FY24 profit of Rs 478.6 crore.

RVNL Secures Project Worth Rs 132 Crore from Central Railway - 13 Jul, 2024

Rail Vikas Nigam Limited (RVNL) has secured a letter of acceptance (LoA) for a project worth Rs 132.6 crore from the Central Railway. Additionally, RVNL reported a 33.16% increase in consolidated net profit to Rs 478.40 crore on a 17.38% jump in revenue from operations to Rs 6,714.01 crore in Q4 FY24 over Q4 FY23.

Rail Vikas Nigam Ltd Shares Surge 3,400% in Five Years - 12 Jul, 2024

Shares of Rail Vikas Nigam Ltd (RVNL) have surged 3,400% since their market debut five years ago. The stock hit a record high of Rs 645 on Friday and is currently trading higher than all moving averages. Analysts hold mixed views on the prospects of RVNL shares amid the pre-budget rally. Sentiment around the stock has been positive ahead of the upcoming Union Budget on July 23.

RVNL Stock Surges on Order Wins and Market Cap Ranking - 11 Jul, 2024

Rail Vikas Nigam Ltd (RVNL) has seen a surge in its stock price due to multiple order wins, MoUs with domestic and international companies, and strong order inflows from railways. RVNL also surpassed BPCL and PNB in market cap ranking, trading 4.5% higher on the BSE.

RVNL Secures Multiple Orders Worth Crores - 10 Jul, 2024

Rail Vikas Nigam (RVNL) has secured multiple orders worth crores, including construction of six elevated metro stations, emerging as the lowest bidder for a South Eastern Railway project, and signing an MoU with Tatweer Middle East and Africa LLC. Additionally, Siemens Limited, along with RVNL, secured an order worth Rs 766 crore from Bangalore Metro Rail Corporation Limited.

Rail Vikas Nigam Ltd Hits All-Time High After Block Deal - 09 Jul, 2024

Shares of Rail Vikas Nigam Ltd hit an all-time high on BSE after a Rs 827 crore block deal. The railway PSU's market capitalization crossed Rs 1 lakh crore, becoming only the second stock in the railway industry to achieve this milestone.

Rail Vikas Nigam Ltd Shares Surge on Positive Sentiment - 08 Jul, 2024

Shares of Rail Vikas Nigam Ltd (RVNL) surged over 15% to a lifetime high of Rs.567.60 due to order wins and expectation of continued focus on railways infra development in Union Budget. RVNL signed an MoU with Delhi Metro Rail Corporation for participation in upcoming projects in India and abroad. The government held a 72.84% stake in RVNL at the end of March 2024 quarter.

RVNL Emerges as Lowest Bidder for Upgradation Project - 07 Jul, 2024

Rail Vikas Nigam Ltd (RVNL) saw a 17.9% increase in shares over the past week after emerging as the lowest bidder for an upgradation project with Central Railway. Additionally, RVNL signed an MoU with Delhi Metro Rail Corporation Limited for participation in upcoming projects. The stock trades at a P/E ratio of 65 times.

Rail Vikas Nigam Ltd (RVNL) Emerges as Top Gainer of the Day - 06 Jul, 2024

RVNL gained 17.53% in a day, followed by IRCON Texmaco Rail Engineering and IRFC. Analysts predict that government investment into railways will keep momentum going for these stocks.

RVNL Shares Surge on Partnership with Delhi Metro Rail Corp. - 05 Jul, 2024

Rail Vikas Nigam Ltd (RVNL) has signed an MoU with Delhi Metro Rail Corp. to become service providers for various sectors, including metro, railways, highways, mega bridges, tunnels, institutional buildings, workshops or depots, S&T works, and railway electrification. The stock surged over 25% in one month and delivered an impressive return of 173% YTD. RVNL's partnership with Delhi Metro Rail Corp. is expected to boost the railway infrastructure sector further.

RVNL Reports Strong Financials and Signs MoU with DMRC - 04 Jul, 2024

Rail Vikas Nigam Ltd (RVNL) reported strong financial results for FY2024, including a 17.4% YoY increase in revenue and a 33% YoY increase in net profit. The company also signed an MoU with Delhi Metro Rail Corporation for Project Service Provider for electrification process.

RVNL Secures Order and Shares Rise - 03 Jul, 2024

Rail Vikas Nigam Limited (RVNL) has secured an order worth Rs 132.59 crore from Central Railways, causing RVNL shares to rise by 2.5%. The company expects an order inflow of approximately ₹20,000 to ₹25,000 crores in FY24-25 and aims to maintain the order book at three to four times the annual turnover. RVNL's revenue has increased 17 percent YoY, while net profit has increased by 26 percent. RVNL shares have gained a return of 124 percent in the last six months and 242 percent in a year.

Rail Vikas Nigam Wins Order Worth Rs 132 Crore - 02 Jul, 2024

Railway PSU company Rail Vikas Nigam Ltd (RVNL) has been declared the lowest bidder for an order worth Rs 132 crore from Central Railways. The order is for OHE modification work in the Nagpur division of Central Railway and is expected to be completed in two years. RVNL stock has given strong returns, rising by 127% in the last six months.

Rail Vikas Nigam Ltd Delivers Multibagger Return of 239% - 29 Jun, 2024

Rail Vikas Nigam Limited has delivered a multibagger return of 239% in a year, with high Piotroski Score of 8. Its Q4FY24 revenue from operations grew by 17.12%, accompanied by profits of Rs. 433.32 Crores.

Rail Vikas Nigam Secures Orders Worth Over Rs 225 Crore - 27 Jun, 2024

Rail Vikas Nigam Ltd (RVNL) has secured orders worth over Rs 225 crore from North Central and Southern Railways for electronic interlocking, automatic signaling, and other associated works.