Hot Pursuit     05-Jul-24
RVNL hits record high on inking MoU with Delhi Metro Rail Corp
Rail Vikas Nigam Limited (RVNL) surged 6.93% to Rs 447.75 after it signed a memorandum of understanding (MoU) with Delhi Metro Rail Corporation (DMRC) to collaborate on upcoming projects in India and abroad.
Under this MoU, RVNL will act as project service provider for metro/ railways/ high speed rail/ highways/ megabridges/ tunnels/ institutional buildings/ workshops or depots/ S&T works/ railway electrification.

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 company reported 33.16% increase in consolidated net profit to Rs 478.40 crore on 17.38% jump in revenue from operations to Rs 6,714.01 crore in Q4 FY24 over Q4 FY23.

The counter hit an all-time high of Rs 455 in today's intra-day session.

Previous News
  Rail Vikas Nigam wins Rs 38.10 cr work order from South East Central Railway
 ( Corporate News - 29-May-24   18:40 )
  Rail Vikas Nigam receives LoA for project of Rs 440 cr
 ( Corporate News - 03-Jun-24   19:11 )
  RVNL emerges as L-1 Bidder for Rs 148-cr railway project
 ( Hot Pursuit - 29-Mar-24   13:08 )
  RVNL emerges as L-1 bidder for 187 cr metro project
 ( Hot Pursuit - 27-May-24   08:25 )
  Board of Rail Vikas Nigam recommends final dividend
 ( Corporate News - 17-May-24   17:30 )
  RVNL-SALASAR JV wins project from Madhya Pradesh Power Transmission Company
 ( Corporate News - 22-Feb-24   15:12 )
  Market trade higher; Auto shares advance
 ( Market Commentary - Mid-Session 30-Apr-24   10:33 )
  RVNL's JV bags contract worth Rs 438 crore from Southern Railway
 ( Hot Pursuit - 30-Apr-24   10:51 )
  Rail Vikas Nigam to announce Quarterly Result
 ( Corporate News - 30-Apr-24   10:35 )
  IRB Infrastructure Developers Ltd Spikes 5.04%, S&P BSE India Infrastructure index Rises 1.31%
 ( Hot Pursuit - 27-May-24   09:30 )
  Rail Vikas Nigam consolidated net profit rises 15.26% in the June 2023 quarter
 ( Results - Announcements 12-Aug-23   16:39 )
Other Stories
  Power Grid board to consider fund raising on Jul 10
  08-Jul-24   08:50
  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
Back Top