This railway stock rose 3.4% after winning multiple projects from the Maharashtra Metro Rail Corporation Limited as the company emerged to be the lowest bidder possible. It won several metro rail infrastructure projects. Shares of RVNL opened at Rs. 130.5 per piece and gained 3.4% to reach its intra- day high of Rs. 132.80 per [...]
Shares of this multibagger PSU rail stock slipped 6 percent in Thursday’s trading session after the Promoter proposed to sell a stake in the company. With a market capitalization of Rs 26,271 crores, the stocks of Rail Vikas Nigam Limited closed at Rs 126 apiece exhibiting a fall of 6 percent as compared to the [...]
Gaining for the second day in a row, shares of Rail Vikas Nigam Ltd (RVNL) shot up 20% by 03:15 PM on Tuesday to reach a new all-time high of ₹ 105.30 apiece on the bourses. RVNL is engaged in implementing various rail infrastructure projects assigned by the Ministry of Railways. This includes doubling, gauge [...]
Shares of Rail Vikas Nigam Limited (RVNL) surged 8.67% on Monday’s early trades to reach an intraday high of ₹ 74.55 apiece after the company received multiple orders aggregating to an amount of more than ₹ 16,000 crores. At 12:25 PM, its shares were trading at ₹ 74.25 apiece, up 8.24% A consortium of Tracks [...]
Formed in 2002, Rail Vikas Nigam Ltd. (RVNL) is a public-sector undertaking under the Ministry of Railways. It is responsible for the implementation of infrastructure projects of the Railways Ministry in India. These projects can be the installation of railroad tracks, their upgrade/changes, railway electrification, building major bridges, and setting up workshops or production units. [...]
Rail Vikas Nigam Ltd. (RVNL) emerged as the lowest bidder for the manufacturing and maintenance of Vande Bharat trains. Following the announcement, the company’s share price zoomed 15.38% to reach an intraday high of ₹ 67.50 apiece. Its shares closed at ₹ 65.70, up 12.31% on the National Stock Exchange (NSE). This project includes the [...]
The shares of Rail Vikas Nigam Ltd. (RVNL) hit their fresh 52-week high of Rs 80.60 per share in the early hours of trading on Monday. The stock opened 10% above its previous close of Rs 73.30 and got locked in the upper circuit briefly. In the last 6 months, the railway stock has given [...]
