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
 ( Results - Analysis 18-May-24   23:36 )
  Rail Vikas Nigam receives LoA of Rs 390.97 cr from Eastern Railway
 ( Corporate News - 05-Jun-24   16:12 )
  Rail Vikas Nigam emerges as lower bidder for a Southern Railway's project
 ( Corporate News - 24-Apr-24   17:38 )
  Rail Vikas Nigam JV successfully bids for Rs 438.85 cr project of Southern Railway
 ( Corporate News - 24-Apr-24   15:41 )
  Rail Vikas Nigam revises board meeting date
 ( Corporate News - 16-May-24   10:09 )
  Rail Vikas Nigam wins Rs 96 cr NF Railways project
 ( Corporate News - 13-Apr-24   14:15 )
  RVNL jumps after JV bags order from Southern Railway
 ( Hot Pursuit - 24-Apr-24   15:22 )
  RVNL slumps as PAT slips to Rs 359 cr in Q3 FY24
 ( Hot Pursuit - 09-Feb-24   11:58 )
  RVNL edges higher after bagging work order worth Rs 339 crore from Maharashtra Metro
 ( Hot Pursuit - 18-Mar-24   09:33 )
  Rail Vikas Nigam signs MoU with REC
 ( Corporate News - 02-Jan-24   19:41 )
  Rail Vikas Nigam receives LoA for Pune Metro Rail Project
 ( Corporate News - 15-Mar-24   18:11 )
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