Rail Vikas Nigam Ltd

(RVNL)

RVNL Expands Globally Amid Project Challenges - 21 Oct, 2024

Rail Vikas Nigam Limited is expanding into Saudi Arabia with a new subsidiary while facing challenges with the Vande Bharat train project due to contract reductions and shareholding issues.

RVNL Secures Major Contract, Shares Surge - 17 Oct, 2024

Rail Vikas Nigam Limited (RVNL) shares surged significantly after the company emerged as the lowest bidder for a Rs 270 crore contract from Maharashtra Metro Rail Corporation. The stock saw a rise of over 7% throughout the day, reflecting positive investor sentiment despite a recent decline in quarterly profits.

RVNL Wins ₹270 Crore Metro Project Bid - 16 Oct, 2024

Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder for a ₹270 crore metro construction project in Maharashtra, covering ten elevated stations. The project is expected to be completed within 30 months.

Rail Vikas Nigam Faces Downward Trend - 11 Oct, 2024

Rail Vikas Nigam Ltd is currently priced at Rs 479, with a downside risk of 21.3%. The stock has been trading below its 100-DMA for five sessions, indicating a negative trend with lower highs and lower lows.

RVNL Q2FY25 Revenue and Profit Forecasts - 10 Oct, 2024

Analysts predict a 2% YoY decline in RVNL's Q2FY25 revenue to ₹4,816 crore, with EBITDA margins dropping to 5.5%. Net profit is estimated at ₹347.9 crore, and the order book is expected to decrease to ₹79,852 crore.

RVNL Advances Orange Line Project in Kolkata - 09 Oct, 2024

Rail Vikas Nigam Ltd (RVNL) has commenced the demolition of the final building obstructing the Orange Line in Kolkata, facilitating the extension to Sector V. This completion is part of RVNL's efforts to meet the December 2024 deadline for the Metropolitan-Sector V section.

Rail Vikas Nigam Reports Strong Trading Activity - 08 Oct, 2024

Rail Vikas Nigam Ltd shows strong trading activity with an 8.48% rise in stock price. Quarterly results indicate revenue growth but a decline in net profit. The stock has gained significantly over the past year.

RVNL Shares Decline Amid Profit and Sales Drop - 07 Oct, 2024

Rail Vikas Nigam Ltd (RVNL) shares dropped over 6% amid a reported 33.7% decline in net profit and a 26.9% decrease in sales for Q1 FY25.

RVNL Misses Contracts Amid Potential Large-Cap Status - 03 Oct, 2024

Rail Vikas Nigam Ltd missed out on significant electrification contracts for the Nagpur Metro Phase 2 project. However, it may gain large-cap status by February 2025.

RVNL Secures Major Project Amid Market Fluctuations - 01 Oct, 2024

Rail Vikas Nigam Limited has secured a Rs 283.69 crore project from East Coast Railway, expected to be completed in 24 months. Despite recent share price fluctuations, RVNL's overall performance remains strong, with significant growth over the past year.

RVNL Secures Major Order, Stock Rises - 30 Sep, 2024

Rail Vikas Nigam Limited (RVNL) has secured a ₹180 crore order from East Central Railway for a significant electrification project, boosting its stock by 1.69%. The project involves the design and commissioning of a 2x25KV feeder line and is expected to be completed in 18 months.

RVNL Signs MoU, Shares Show Positive Movement - 27 Sep, 2024

Rail Vikas Nigam Ltd (RVNL) signed a Memorandum of Understanding with Engineers India Limited to explore global infrastructure opportunities. Following this, RVNL shares rose approximately 1% in trading, reversing a four-day losing streak.

RVNL Secures Metro Orders and Announces Dividend - 26 Sep, 2024

Rail Vikas Nigam Ltd (RVNL) has secured significant contracts for the Nagpur Metro Phase-2 project worth ₹838 crore, announced a dividend of Rs 2.11, and signed an MoU with Engineers India for global infrastructure projects.

RVNL Commences Construction on Orange Line Metro - 25 Sep, 2024

Rail Vikas Nigam Ltd (RVNL) has begun construction on the Orange Line Metro pier in Kolkata, addressing previous design challenges and completing earlier tasks ahead of schedule.

RVNL Stock Shows Bullish Reversal Amid Mixed Reactions - 23 Sep, 2024

Rail Vikas Nigam Ltd (RVNL) is experiencing a bullish reversal with a target price of Rs 570. The stock has seen mixed reactions following its inclusion in the ASM framework, while trading ex-dividend today. Despite a recent decline, RVNL has delivered impressive returns over the past year.