News for Rail Vikas Nigam Limited (RVNL.BO)

Shares of RVNL rose 3.20% to Rs 348.35 against the previous close of Rs 337.35 on BSE. Market cap of the firm rose to Rs 71,933 crore.

Prime Minister Narendra Modi inaugurated the New Pamban Bridge in Tamil Nadu, designed to withstand winds of up to 230 kmph and high seismic activity. This new bridge can endure stronger cyclones compared to the old one damaged in the 1964 cyclone. Its lift spanner will be raised only for ship movements, enhancing safety protocols.

New Pamban bridge in India deemed safe for 100 years, allowing trains to operate at 80 kmph speed.

The new Pamban bridge in Tamil Nadu, set to be inaugurated by PM Modi on April 6, is declared safe for train speeds of 80 kmph for 100 years. The bridge features a vertical lift span and was designed after global research on moveable bridges.

PM Modi extends Ram Navami greetings, wishing everyone the blessings of Prabhu Shri Ram. He expresses anticipation for his visit to Rameswaram later today.

Prime Minister Narendra Modi will inaugurate the new Pamban Bridge on April 6 in Tamil Nadu's Rameshwaram, declared safe for 100 years. Built by Rail Vikas Nigam Limited, the bridge allows trains to operate at 80 kmph. It features a 17-meter vertical lift span, meets international standards, and was extensively reviewed by experts including IITs.

Prime Minister Narendra Modi will inaugurate Indias first vertical lift railway sea bridge — the new Pamban Bridge in Rameswaram — on April 6. Built at a cost of ₹550 crore, the 2.08 km bridge enhances rail connectivity and allows ship passage with its 72.5-metre lift span. Modi will also launch key road and rail projects worth over ₹8,300 crore in Tamil Nadu.

The New Pamban rail Bridge will replace the old 1914-built bridge, which was closed in 2022 due to corrosion problems.

The 2.5-kilometre-long Pamban bridge will allow trains to cross the sea between mainland India and the Rameswaram island in less than 5 minutes, as compared to 25-30 minutes through the old colonial-era bridge.

This project will play a crucial role in strengthening Visakhapatnam’s port connectivity and enhancing transportation efficiency in Andhra Pradesh.

RVNL shares have slipped 42% from their record high in eight months. The multibagger railway stock, which hit a record high of Rs 647 on July 15, 2024 closed at Rs 371.55 in the previous session on BSE. On the other hand, RVNL stock has risen 474% in two years and gained 964.61% in three years despite the short term correction

RVNL rose 3.35 per cent to hit a high of Rs 384 on BSE. The PSU said it has emerged as L1 from Central Railway for OHE modification work for up-gradation of existing electric traction system at a feeding system.

RVNL shares closed at Rs 371.55 in the previous session on BSE. Market cap of the firm rose to Rs 77,468 crore.

Stocks including RIL, Power Grid, Dr Reddy's Labs, Welspun Corp, M&M, Raymond, L&T, Ola Electric, PFC and Apollo Hospitals will be in the spotlight on Tuesday, March 25.

The multibagger stock ended at Rs 13.9 a day before Coronavirus crash on March 20, 2020. It ended at Rs 371.55 in the current session, delivering multibagger returns of 2,563% returns during the period.

Stock analysis and recommendations for Tata Motors, Man Infraconstruction, Data Patterns (India) Limited, and Rail Vikas Nigam Limited.

The development comes at a crucial time as early onset of summer has already shot up power demand leading to higher coal demand by the power generation units

Rail Vikas Nigam Limited has received a Letter of Acceptance from the National Highway Authority of India for a major infrastructure project in Andhra Pradesh.

Stocks including RIL, TCS, Bharti Airtel, IREDA, Adani Green, RVNL, PB Fintech, NPTC Green, Nykaa and Vodafone Idea will be in the spotlight on Wednesday, March 12.