Hot Pursuit     18-Mar-24
RVNL edges higher after bagging work order worth Rs 339 crore from Maharashtra Metro
Rail Vikas Nigam (RVNL) rose 1.55% to Rs 249.60 after the company said that it has received letter of acceptance (LOA) from Maharashtra Metro Rail Corporation for a project worth Rs 339.23 crore.

The project involves design and construction of elevated viaduct of length 4.519 kilometeres between PCMC and NIGDI (Bhakti Shakti) on the North South Corridor of Pune Metro Rail Project – Reach 1 – Extension. The project has to be executed within a period of 130 weeks.

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 civil construction company reported 6.24% decline in consolidated net profit to Rs 358.57 crore on 6.44% fall in revenue from operations to Rs 4,689.33 crore in Q3 FY24 over Q3 FY23.

Previous News
  RVNL soars after bagging order worth Rs 391 crore from Eastern Railway
 ( Hot Pursuit - 06-Jun-24   09:34 )
  Rail Vikas Nigam receives LoA of Rs 390.97 cr from Eastern Railway
 ( Corporate News - 05-Jun-24   16:12 )
  RVNL bags LoA from MPPKVVCL worth Rs 106 cr
 ( Hot Pursuit - 13-Mar-24   14:34 )
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 ( Corporate News - 27-Jan-24   10:48 )
  Rail Vikas Nigam wins project of Rs 106 cr from M. P. Paschim Kshetra Vidyut Vitran Company
 ( Corporate News - 13-Mar-24   14:05 )
  Benchmarks nudge lower in early trade
 ( Market Commentary - Mid-Session 02-Mar-23   09:28 )
  Rail Vikas Nigam successfully bids for Rs 124 cr project of Haryana Bijli Vitran Nigam
 ( Corporate News - 05-Jun-24   15:57 )
  Rail Vikas Nigam Ltd leads gainers in 'A' group
 ( Hot Pursuit - 02-Mar-23   12:00 )
  RVNL bags LoA worth Rs 239 cr from Southern Railway
 ( Hot Pursuit - 14-May-24   08:32 )
  Rail Vikas Nigam wins Rs 38.10 cr work order from South East Central Railway
 ( Corporate News - 29-May-24   18:40 )
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 ( Hot Pursuit - 02-Mar-23   09:46 )
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