Hot Pursuit     26-Mar-24
RVNL jumps on inking MoU with Airports Authority of India
Rail Vikas Nigam (RVNL) advanced 3.28% to Rs 258 after the company announced that it has entered into a Memorandum of Understanding (MoU) with the Airports Authority of India (AAI) for the construction of a subway/underpass in Kolkata.
The project involves construction of subway/underpass to connect operational area to the Airport Authority of India residential colony in Kolkata. The estimated cost of the project is Rs 229.43 crore.

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.

The civil construction company reported 6.24% decline in consolidated net profit to Rs 358.57 crore on 6.44% fall in revenue from operations to Rs 4,689.33 crore in Q3 FY24 over Q3 FY23.

Previous News
  Rail Vikas Nigam consolidated net profit rises 33.17% in the March 2024 quarter
 ( Results - Announcements 17-May-24   17:45 )
  Siemens - RVNL consortium bags Bangalore Metro Rail Corporation project
 ( Corporate News - 10-Jun-24   19:06 )
  Rail Vikas Nigam receives credit ratings from CARE
 ( Corporate News - 01-Apr-24   18:49 )
  RVNL successfully bids for Rs 251 cr project
 ( Corporate News - 15-Jan-24   19:34 )
  RVNL hits life high on forming JV with Jakson Green
 ( Hot Pursuit - 17-Jan-24   10:04 )
  Rail Vikas Nigam secures LoA for Rs 72.73 cr from North Central Railway
 ( Corporate News - 27-Jun-24   14:06 )
  RVNL emerges as L1 bidder for Rs 395 cr project
 ( Hot Pursuit - 24-Jun-23   12:07 )
  RVNL gains as JV bags LoA worth Rs 156 cr
 ( Hot Pursuit - 27-Jun-24   12:00 )
  RVNL emerges as L1 bidder for Rs 1,098-cr project
 ( Hot Pursuit - 30-Sep-23   14:26 )
  Rail Vikas Nigam consolidated net profit declines 6.24% in the December 2023 quarter
 ( Results - Announcements 08-Feb-24   17:40 )
  RVNL bags order worth Rs 198-cr
 ( Hot Pursuit - 23-Dec-22   09:19 )
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