Hot Pursuit     31-Aug-23
RVNL rises on emerging as L-1 bidder for Rs 256-cr project
Rail Vikas Nigam (RVNL) added 1.67% to Rs 130.70 after the company emerged as the lowest bidder for projects of Maharashtra Metro Rail Corporation worth Rs 256.19 crore.
The project includes six elevated metro station viz. Pili Nadi to Lekha Nagar in reach-2A, one elevated and one at-grade station viz. ecopark and metro city in reach-IA respectively.

It also includes at-grade section formation earthwork, boundary wall and retaining wall, elevated metro track supporting structure for eco park metro station and multi-storied building at Tulsi School Land (at Sitabuldi) of NMRP Phase-2.

The cost of the above projects stood at Rs 256,19,87,814.

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 15.19% rise in consolidated net profit to Rs 342.90 crore on 20.15% increase in revenue from operations to Rs 5,571.57 crore in Q1 FY24 over Q1 FY23.

Previous News
  Rail Vikas Nigam emerges as lower bidder for a Southern Railway's project
 ( Corporate News - 24-Apr-24   17:38 )
  RVNL rises after PAT climbs 33% to Rs 478 cr in Q4 FY24
 ( Hot Pursuit - 18-May-24   10:55 )
  RVNL gains on emerging as L-1 bidder for railway project worth Rs 160 cr
 ( Hot Pursuit - 18-Jun-24   10:03 )
  Rail Vikas Nigam JV successfully bids for Southern Railway project of Rs 156 cr
 ( Corporate News - 08-Jun-24   13:38 )
  Volumes spurt at Prism Johnson Ltd counter
 ( Hot Pursuit - 04-Sep-23   14:30 )
  RVNL JV bags Rs 156-cr order from Southern Railway
 ( Hot Pursuit - 08-Jun-24   10:45 )
  RailTel Corporation of India bags new order
 ( Corporate News - 03-Jan-24   13:44 )
  RVNL edges higher after bagging work order worth Rs 339 crore from Maharashtra Metro
 ( Hot Pursuit - 18-Mar-24   09:33 )
  Rail Vikas Nigam Ltd Spurts 4.39%, S&P BSE India Infrastructure index Gains 1%
 ( Hot Pursuit - 18-May-24   09:30 )
  Rail Vikas Nigam receives LoA for Pune Metro Rail Project
 ( Corporate News - 15-Mar-24   18:11 )
  Welspun India Ltd leads gainers in 'A' group
 ( Hot Pursuit - 02-May-23   12:00 )
Other Stories
  RVNL gains on emerging as L-1 bidder for Rs 133-cr railway project
  03-Jul-24   15:38
  Cholamandalam Financial Holdings Ltd leads losers in 'A' group
  03-Jul-24   15:00
  Sakuma Exports Ltd leads losers in 'B' group
  03-Jul-24   14:45
  NTPC power generation climbs 9.5% YoY in Q1
  03-Jul-24   14:41
  Volumes soar at MMTC Ltd counter
  03-Jul-24   14:30
  Oil and Gas shares fall
  03-Jul-24   14:00
  Real Estate stocks edge lower
  03-Jul-24   14:00
  Energy stocks edge lower
  03-Jul-24   14:00
  Sundaram-Clayton gains after board OKs to raise funds upto Rs 400 cr
  03-Jul-24   13:38
  JSW Infra's subsidiary concession agreement V.O. Chidambaranar Port Authority
  03-Jul-24   13:34
Back Top