RVNL Percentage Value: Rail Vikas Nigam Ltd. – RVNL has received an order of ₹ 143.3 crore from South Central Railway. On July 5, the corporate advised the inventory alternate that it had won this contract to improve the electrical traction machine within the Salem Department of Southern Railway.
The machine will improve
The paintings is expounded to upgrading the traction machine between Salem to Podanur Junction and Irugur to Coimgur to 2×25 KV from 1×25 KV. After this improve, the Southern Railway will be capable of meet the objective of three,000 metric tonnes of products loading.
The whole value of this mission is ₹ 143.3 crore (together with tax) and it’s to be finished inside 24 months.
Huge contracts to RVNL
On June 30, RVNL won an order of ₹ 213.22 crore from South Central Railway, with the corporate as lowest bidder. Previous in Would possibly, the corporate repeated the Income Steering of ₹ 20,000 to ₹ 22,000 crore for this monetary 12 months, even supposing FY25’s efficiency used to be sluggish.
RVNL’s Operations Director MP Singh advised CNBC-TV18 in Would possibly, “We’re assured that we can reach our earnings goal in FY26 as many lately won tasks at the moment are within the implementation degree.”
RVNL stocks
On Friday, July 4, 2025, the corporate’s stocks at the Nationwide Inventory Alternate (NSE) closed flat at ₹ 391.2. The stocks have declined by means of 8.94% within the ultimate 1 month. On the similar time, this inventory has come down 20.33% within the ultimate 1 12 months. RVNL’s marketplace cap is ₹ 81.64 crore.
What’s RVNL’s trade?
RVNL i.e. Rail Vikas Nigam Restricted is a central authority enterprise underneath the Indian Railway Ministry that makes, building and implementation of enormous railway tasks around the nation.
Its major process is to finish the development of recent railway traces, doubling of current tracks, electrification, signaling machine improve and different infrastructure tasks associated with railway on time.
Additionally learn: Allied Engineering Works IPO: Good Power Meter making corporate deposited, what number of crores might be shared
Disclaimer: Right here data equipped is being given just for data. It will be significant to say right here that the funding marketplace out there is topic to dangers. All the time seek the advice of mavens prior to making an investment cash as an investor. There may be by no means recommendation to any person to take a position cash on behalf of Moneycontrol.