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
  RVNL
 ( Analyst Meet / AGM - Conference Call 14-Aug-24   09:06 )
  Rail Vikas Nigam JV successfully bids for Southern Railway project of Rs 156 cr
 ( Corporate News - 08-Jun-24   13:38 )
  RVNL successfully bids for East Central Railway project of Rs 180 cr
 ( Corporate News - 30-Sep-24   13:59 )
  RVNL rises after PAT climbs 33% to Rs 478 cr in Q4 FY24
 ( Hot Pursuit - 18-May-24   10:55 )
  RVNL hits record high on bagging Rs 138-cr LoA from Central Railway
 ( Hot Pursuit - 11-Jul-24   11:53 )
  RVNL gains on inking MoU with DMIA
 ( Hot Pursuit - 22-Aug-24   10:10 )
  Rail Vikas Nigam wins LoA for project worth Rs 138 cr from Central Railway
 ( Corporate News - 11-Jul-24   11:13 )
  RVNL JV bags Rs 156-cr order from Southern Railway
 ( Hot Pursuit - 08-Jun-24   10:45 )
  Rail Vikas Nigam JV successfully bids for Rs 438.85 cr project of Southern Railway
 ( Corporate News - 24-Apr-24   15:41 )
  Torrent Power Ltd Falls 4.79%
 ( Hot Pursuit - 09-Feb-24   09:30 )
  Rail Vikas Nigam Ltd Spurts 4.39%, S&P BSE India Infrastructure index Gains 1%
 ( Hot Pursuit - 18-May-24   09:30 )
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