Rail Vikas Nigam Ltd Share Price (RVNL)

Rail Vikas Nigam Emerges as Lowest Bidder for EPC Project - 24 Apr, 2024

State-owned Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder for a Rs. 439 crore EPC project from Southern Railway. The company's shares gained over 3%. RVNL is executing arm of Indian Railways and works for projects assigned to it for execution.

Rail Vikas Nigam Ltd Overvalued by 22% - 23 Apr, 2024

RVNL's current share price of ₹264 is overvalued by 22% compared to its intrinsic value of ₹216.36. However, with expected double-digit profit growth in the next few years, the outlook for RVNL remains positive.

RVNL Emerges as L1 Bidder for Track Doubling Project - 19 Apr, 2024

Rail Vikas Nigam Ltd has emerged as the lowest bidder for a Rs 440 crore project to double tracks between Ankai and Karanjgaon stations. Additionally, RVNL has signed an MoU with TUMAS India for collaboration on public transportation and infrastructure projects.

RVNL Signs MoU with Turkish Firm for Infra Projects - 18 Apr, 2024

Rail Vikas Nigam Ltd (RVNL) has signed an MoU with a Turkish engineering firm for infrastructure projects in India. The mid-cap company's stock price has surged 43% year-to-date and 250% year-on-year.

Rail Vikas Nigam Wins Electrification Contract Worth Rs 95.95 Crore - 15 Apr, 2024

Rail Vikas Nigam has received a Letter of Acceptance for engineering, procurement, and construction of electrification works worth Rs 95.95 crore from NF Railway for the Araria – Thakurganj New line Section in connection with the New Line Project of Araria – Galgalia of N.F. Railway.

Rail Vikas Nigam Receives EPC Project Worth Rs 95.95 Crore - 13 Apr, 2024

Rail Vikas Nigam has received a letter of acceptance for an EPC project worth Rs 95.95 crore from North East Frontier Railway (Construction) to be executed within 240 days. The company reported a decline in consolidated net profit and revenue in Q3 FY24.

RVNL Faces Challenge in Moving Lift Span for Pamban Bridge - 09 Apr, 2024

Rail Vikas Nigam Limited (RVNL) is facing a challenge in moving a 550-tonne lift span to fix it to the Pamban railway bridge, India's first vertical-lift bridge. The RVNL has set a deadline of June 30 to make the bridge operational.

RVNL Secures Rs 47 Cr Order from Central Railway - 08 Apr, 2024

Rail Vikas Nigam Limited (RVNL) has secured an order worth Rs 47 crore for signalling and telecommunication work on the Khapri-Sewagram section of Nagpur division. The project is expected to be completed within 12 months. RVNL reported a decline in consolidated net profit to Rs 358.57 crore in Q3 FY24 over Q3 FY23.

RVNL Shows Potential for Internal Investment and Higher Returns - 05 Apr, 2024

Rail Vikas Nigam Ltd's increasing return on capital employed (ROCE) indicates potential for internal investment and higher returns. An analyst suggests buying around Rs 200 level as the stock may consolidate.

Rail Vikas Nigam Diversifies into Non-Railway Projects - 04 Apr, 2024

Rail Vikas Nigam Ltd (RVNL) has diversified into non-railway projects such as ports, national highways, metro rail, and irrigation. The company is implementing a strategic port project in the Maldives and has an order book of about Rs 65,000 crore. RVNL is also exploring opportunities to enter the data center business.

Rail Vikas Nigam Ltd Stock Gives 782% Returns in Three Years - 02 Apr, 2024

RVNL stock has given investors returns of over 782% in the last three years, with a 281% return in one year and a 43% increase in the last three months. The company's share price reached its 52-week high of Rs 345 in January this year.

RVNL Emerges as Lowest Bidder for Three Orders - 01 Apr, 2024

The construction arm of the Ministry of Railways, RVNL, has emerged as the lowest bidder for three orders worth Rs 244 crore. Additionally, RVNL received various work orders worth Rs 303 crore, causing its shares to soar over 5% on BSE.

RVNL Wins Transmission Project Worth Rs 60 Crore in Rwanda - 29 Mar, 2024

Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder for three orders and its joint venture with Salasar Techno Engineering has secured a transmission project worth around Rs 60 crore in Rwanda. The order is to be executed in 18 months.

Rail Vikas Nigam Secures Two Projects Worth Rs 207 Crore - 28 Mar, 2024

Rail Vikas Nigam has secured two projects worth Rs 207 crore, including a Rs 148.26 crore project from South Eastern Railway and a Rs 59.62 crore project in partnership with Salasar Techno Engineering for Rwanda Transmission System Reinforcement and Last Mile Connectivity.

Rail Vikas Nigam Ltd Shares Surge on Agreement with Airports Authority of India - 26 Mar, 2024

Shares of Rail Vikas Nigam Limited surged up to 7% after the company signed an agreement with the Airports Authority of India (AAI) for the construction of a subway/underpass in Kolkata. The estimated cost for this construction project is Rs 229.43 crore. Additionally, RVNL secured two projects from Central Railway and Maharashtra Metro Rail Corporation Limited for a total consideration of Rs 386 crore. The stock has given returns of 307% to its investors in the last year.