Latest news with #RailVikasNigamLimited
Business Upturn
a day ago
- Business
- Business Upturn
Rail Vikas Nigam signs MoU to expand presence in Oman
Rail Vikas Nigam Limited (RVNL) has entered into a Memorandum of Understanding (MoU) with Mr. Ashraf Gulam Mohmed Theba in the Sultanate of Oman. This MoU aims to strengthen RVNL's global footprint by focusing on business development, market research, and company representation in Oman. The MoU marks a step towards deeper collaboration and paves the way for new opportunities in the Middle East region, as RVNL explores potential projects and partnerships beyond India. In the meantime, on July 14, the company won a key contract from Delhi Metro Rail Corporation (DMRC) under the Delhi MRTS Phase-IV project. The ₹447.42 crore deal (inclusive of 18% GST) covers part design and construction of a 7.3-km viaduct stretching from Chainage 1202.782 M to 8501.25 M. The scope includes building platforms at seven metro stations—Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj, and Lajpat Nagar—along with pre-engineered structures. Completion is expected in 36 months. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Indian Express
4 days ago
- Business
- Indian Express
Order win: Over 1110% returns in 3 years, PSU Railway company secures Delhi Metro project
Railway Stock, RVNL Share Price: Shares of Rail Vikas Nigam Limited (RVNL) closed in red on Friday (July 18). The PSU railway stock settled at Rs 374.95 apiece, down 1.70 per cent. According to the NSE (as of July 19), the total market cap of RVNL is 78,177.83 crore. The stock registered a 52-week-high of Rs 639 on July 23, 2024. It recorded 52-week-low of Rs 305 on April 7, 2025. In a regulatory filing on July 14, RVNL said that it received LOA from Delhi Metro Rail Corporation Limited for 'Contract D2C-02: 'Part Design and Construction of viaduct of length 7.298 kms. from Chainage 1202.782 M to Chainage 8501.25 M including seven (07) stations (only platforms) namely Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj And Lajpat Nagar including Pre-Engineered Building Structure in all stations of Lajpat Nagar to Saket G block corridor of Delhi MRTS Phase-IV Project.' 'The project cost is Rs. 447,42,48,757.33 (inclusive of 18% GST) (Rupees Four hundred Forty Seven Crore Forty Two lakhs Forty Eight Thousand Seven Hundred and Fifty Seven and Paisa Thirty Three Only) (Incl. all taxes),' the company said in filing. RVNL is a component of the BSE 200. According to the BSE analytics (as of July 19), shares of RVNL gave negative return of 1.45 and 3.92 per cent in the last 1 week and 2 weeks, respectively. Shares of the PSU stock fell in the last 1 year by 35.87 per cent. In the past 2 years, 3 years and 5 years, shares of the company gained 213.99 per cent, 1114.86 per cent and 1803.80 per cent, respectively. In 2024, RVNL paid a dividend of Rs 2.11. In 2023, the company announced dividends of Rs 1.77 and Re 0.36. RVNL never issued bonuses for the equity shareholders.
Business Upturn
14-07-2025
- Business
- Business Upturn
RVNL secures Rs 447 crore contract from Delhi Metro for Phase-IV Viaduct construction
By Aman Shukla Published on July 14, 2025, 19:12 IST Rail Vikas Nigam Limited (RVNL) has bagged a significant contract from Delhi Metro Rail Corporation (DMRC) under Delhi MRTS Phase-IV. The contract, valued at ₹447.42 crore (including 18% GST), involves the part design and construction of a 7.298-km viaduct stretching from Chainage 1202.782 M to Chainage 8501.25 M. The scope includes construction of platforms at seven metro stations — Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj, and Lajpat Nagar — along with pre-engineered building structures. The entire project is expected to be completed within 36 months. In the exchnages filings, the company shared, 'Rail Vikas Nigam Limited has received LOA from Delhi Metro Rail Corporation Limited for 'Contract D2C-02: 'Part Design and Construction of viaduct of length 7.298 kms. from Chainage 1202.782 M to Chainage 8501.25 M including seven (07) stations (only platforms) namely Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj And Lajpat Nagar including Pre-Engineered Building Structure in all stations of Lajpat Nagar to Saket G block corridor of Delhi MRTS Phase-IV Project.' Awarded by a domestic entity, this project falls under RVNL's regular course of business and is not a related party transaction. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Mint
14-07-2025
- Business
- Mint
RVNL share price gains despite weak Indian markets on THIS order book update: Check details
Stock Market Today: RVNL share price gained in the intraday trades on Monday despite weak Indian markets. The company had announced receiving an order from South Central Railway on Friday, but after the market hours: Rail Vikas Nigam Limited, or RVNL, on 11 July post-market hours had announced receipt of a Letter of Acceptance (LOA) from South Central Railway. The Rail Vikas Nigam Ltd announced on the National Stock Exchange of India Ltd and the BSE, or the Bombay Stock Exchange, that it has received an LOA from South Central Railway for 'Design, Supply, Erection, Testing, and Commissioning for OHE upgradation. The overhead equipment, or OHE, upgrade is to be done for the existing 1X25 kV system to 2X25 kV at the feeding system with feeder and earthing works. The OHE section upgrade is to be done by PVNL in the Duvvada-Rajahmundry & Samalkot-Kakinada Port section of Vijayawada Division under South Central Railway, totaling 195.5 RKM/391TKM. While RKM stands for Route Kilometer, TKM stands for tonne-kilometer, a unit of measure of freight transport that represents the transport of one tonne of goods (including packaging and tare weights of intermodal transport units). The broad consideration of this order stands at ₹ 213 crore for RVNL. As per the RVNL release, the cost of work is ₹ 213,224,854.62 ( ₹ Two Hundred Thirteen Crore Twenty-Two Lakh Forty-Eight Thousand Five Hundred Forty-Six rupees and Sixty-Two paisa), including applicable taxes. The order by South Central Railway for Design, Supply, Erection, Testing, and Commissioning for OHE upgradation is to be completed by RVNL within in 24 months. The RVNL share price that opened at ₹ 383.60 was slightly higher than the previous trading session's closing price of ₹ 381.55. However, the RVNL share price gained to intraday highs of ₹ 385.15, which meant close to one percent gains despite weak Indian stock markets and on a day when the benchmark S&P BSE Sensex was down close to half a percent. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Indian Express
12-07-2025
- Business
- Indian Express
RVNL Share Price: Railway PSU wins Rs 213 crore project; stock up 215% in 2 years
RVNL Share Price: Shares of Rail Vikas Nigam Limited closed in red on Friday (July 11) after receiving contract from Indian Railways. The PSU railway stock settled at Rs 380.95 apiece, down 0.97 per cent. According to the NSE, the midcap stock has a total market cap of Rs 79,428.84 crore. The stock registered 52-week-high of Rs 647 on July 15, 2024. It recorded 52-week-low of Rs 305 on April 7, 2025. RVNL has secured a contract worth Rs 213.22 crore from South Central Railway (SCR). In an exchange filing on July 11, the railway PSU said, 'Rail Vikas Nigam Limited has received LOA from South Central Railway for 'Design, Supply, Erection, Testing and Commissioning for OHE upgradation of existing 1X25kV system to 2X25kV at feeding system with feeder and earthing works in Duvvada-Rajahmundry & Samalkot-Kakinada Port section of Vijayawada Division under South Central Railway, Total 195.5 RKM/ 391 TKM.' RVNL is a component of the BSE 200. According to the BSE analytics (as of July 12), shares of Rail Vikas Nigam Limited (RVNL) fell 2.50 per cent and 3.47 per cent in the last 1 week and 2 weeks, respectively. In the last 1 year, shares of the company down 39.44 per cent. However, in the past 2 years, 3 years, and 5 years, shares of the company up 215.46 per cent, 1132.79 per cent, and 1841.73 per cent, respectively. In 2024, RVNL paid a dividend of Rs 2.11. Last year, the railway PSU announced dividends of Rs 2.13. In 2022, the company paid total dividends of Rs 1.83. RVNL never issued bonuses for the equity shareholders. RVNL is a Central Public Sector Enterprises of Ministry of Railways, and was granted Navratna Status in 2023. The company was incorporated with the twin objectives of implementation of projects relating to creation and augmentation of capacities of rail infrastructure on fast track basis and raising of extra budgetary resources for SPV projects.
