Hot Pursuit     03-Jul-24
RVNL gains on emerging as L-1 bidder for Rs 133-cr railway project
RVNL added 1.53% to Rs 417.40 after it emerged as the lowest bidder for the up-gradation of electric traction system awarded by the Central Railway for Rs 132.59 crore.
The scope of the order involves the modifying overhead equipment (OHE) modification work for up-gradation of existing 1 x 25 kV electric traction system to a 2 x 25 kV AT feeding system in Wardha-Ballarshah section in Nagpur division of Central Railway to meet 3000 MT loading target.

The cost of the project is Rs 132.59 crore and is expected to be completed in 24 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.

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.

Previous News
  Rail Vikas Nigam JV wins work order of Rs 156.47 cr
 ( Corporate News - 27-Jun-24   14:02 )
  Barometers end with minor gains; broader mkt outperforms
 ( Market Commentary - Quick Review 18-May-24   12:44 )
  RVNL receives LoA for project of Rs 239 cr from Southern Railway
 ( Corporate News - 13-May-24   17:45 )
  RVNL gains as JV bags LoA worth Rs 156 cr
 ( Hot Pursuit - 27-Jun-24   12:00 )
  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 Ltd Spurts 4.37%
 ( Hot Pursuit - 05-Jul-24   09:30 )
  Rail Vikas Nigam Ltd leads gainers in 'A' group
 ( Hot Pursuit - 19-Jan-24   12:00 )
  RVNL spurts after multiple order wins
 ( Hot Pursuit - 11-Jun-24   11:30 )
  RVNL edges higher after bagging work order worth Rs 339 crore from Maharashtra Metro
 ( Hot Pursuit - 18-Mar-24   09:33 )
  Rail Vikas Nigam receives LoA of Rs 390.97 cr from Eastern Railway
 ( Corporate News - 05-Jun-24   16:12 )
  RVNL emerges as L-1 bidder for Central Railway project
 ( Hot Pursuit - 12-Mar-24   10:10 )
Other Stories
  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
  Shilpa Medicare sizzles after Unicycive gets positive results in clinical trials of OLC
  05-Jul-24   14:52
  Manugraph India Ltd leads losers in 'B' group
  05-Jul-24   14:45
  NSE SME Nephro Care India rallies on listing day
  05-Jul-24   14:45
  ESAF SFB total deposits jumps 33% YoY in Q1
  05-Jul-24   14:43
  Utkarsh SFB deposits climb 30% YoY in Q1 FY25
  05-Jul-24   14:35
  Volumes soar at Medplus Health Services Ltd counter
  05-Jul-24   14:30
  Financials stocks slide
  05-Jul-24   14:00
  Banking stocks edge lower
  05-Jul-24   14:00
Back Top