Hot Pursuit     26-Sep-23
RVNL emerges as L1 bidder for Rs 311 cr project
Rail Vikas Nigam (RVNL) said that it has emerged as lowest bidder (L1) by Central Railway for construction of bridges and tunnels in Madhya Pradesh.
The project includes construction of 4 Nos. tunnels (total Length 1.6km) with ballast less track, earthwork in formation, construction of important bridges (2nos), major bridges (1no), minor bridges (25nos), supply of stone ballast, track linking, side drain retaining wall etc. from Km 831.8 to Km 841.9 in Dharakoh Maramjhiri section in connection with third line.

The cost of the project is Rs 311.17 crore and it will be executed within 18 months.

Rail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.

Rail Vikas Nigam (RVNL) reported 15.19% rise in consolidated net profit to Rs 342.90 crore in Q1 FY24 as against Rs 297.67 crore posted in Q1 FY23. Revenue from operations jumped 20.1% year on year to Rs 5,571.57 crore in the quarter ended 30 June 2023.

The scrip declined 1.62% to Rs 167.05 on the BSE.

Previous News
  Sensex gains 692 pts; Nifty closes above 22,800; VIX tumbles 11.04%
 ( Market Commentary - Quick Review 06-Jun-24   15:55 )
  RVNL emerges as L-1 bidder for railway project worth Rs 160 cr
 ( Hot Pursuit - 15-Jun-24   15:01 )
  Indices trade with major losses; oil & gas shares decline
 ( Market Commentary - Mid-Session 09-May-24   10:40 )
  IRB Infrastructure Developers Ltd Spikes 5.04%, S&P BSE India Infrastructure index Rises 1.31%
 ( Hot Pursuit - 27-May-24   09:30 )
  RVNL bags LoA from MPPKVVCL worth Rs 106 cr
 ( Hot Pursuit - 13-Mar-24   14:34 )
  RVNL emerges as L-1 bidder for 187 cr metro project
 ( Hot Pursuit - 27-May-24   08:25 )
  Rail Vikas Nigam consolidated net profit declines 6.24% in the December 2023 quarter
 ( Results - Announcements 08-Feb-24   17:40 )
  Rail Vikas Nigam wins project of Rs 106 cr from M. P. Paschim Kshetra Vidyut Vitran Company
 ( Corporate News - 13-Mar-24   14:05 )
  RVNL gains after JV emerges as L1 bidder for Rs 174 cr project
 ( Hot Pursuit - 05-Sep-23   11:06 )
  Sensex jumps 782 pts; RBI raises FY25 GDP growth forecast to 7.2%
 ( Market Commentary - Mid-Session 07-Jun-24   11:35 )
  Rail Vikas Nigam to conduct board meeting
 ( Corporate News - 27-Jan-24   10:48 )
Other Stories
  PEL board OKs ad hoc appointments post Rupen Patel's passing
  06-Jul-24   16:41
  Info Edge Q1 FY25 billings climb 11% YoY
  06-Jul-24   15:50
  IndusInd Bank advances climb 16% YoY in Q1 FY25
  06-Jul-24   15:18
  Adani Wilmar reports 13% volume growth in Q1 FY25
  06-Jul-24   14:44
  Tata Motors JLR wholesale rises 5% YoY in Q1
  06-Jul-24   13:01
  Marico's domestic biz sees modest volume growth in Q1
  06-Jul-24   12:25
  Titan revenue rises 9% YoY, adds 61 stores in Q1
  06-Jul-24   11:09
  Dabur India expects mid to high digit revenue growth in Q1
  06-Jul-24   10:40
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
Back Top