News for Rail Vikas Nigam Limited (RVNL.BO)

RVNL share price: The project, worth ₹213.22 crore, is slated for completion within 24 months. RVNL stated that the contract is part of its regular business operations and adheres to standard contract terms.

Infrastructure News: A truly developed India by 2047 will not be possible without world-class logistics. And world-class logistics starts are only possible with a smart, c

Railway company stocks like Ircon International and RVNL surged. This increase followed significant trading activity on the NSE. Ircon International secured a major EPC contract. RVNL also announced a new contract from Central Railway. These developments boosted investor confidence. Other railway-linked stocks also experienced gains. The fresh order announcements drove the rally. The projects are expected to improve railway infrastructure.

Why these PSU stocks will be in focus: Coal India, GRSE, Ircon International, RVNL

Texmaco Rail & Engineering shares: The first is a ₹140.55 crore order from the Ministry of Railways for advanced multi-purpose wagons, and the second is an MoU with RVNL to promote sustainable freight via new-age wagon technology.

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Large and midcap indices delivered similar 1-year returns, with Nifty Midcap 100 slightly outperforming Nifty 100. Smallcaps underperformed due to valuation concerns. FIIs favored largecaps amid expensive mid- and smallcap valuations, driving market preference toward stability.

Rail Vikas Nigam Limited (RVNL) reported a 4% YoY decline in Q4 net profit to Rs 459 crore, with revenue down 4.3%. Despite a slight dip in EBITDA margin, RVNL declared a final dividend of Rs 1.72 per share. Analysts remain cautious, with an average target price of Rs 339 and a ‘Sell consensus rating.

Rail Vikas Nigam Limited shares saw a surge. This followed the announcement of a new wholly owned subsidiary. The subsidiary is named Sabbavaram Sheelanagar Road Development Limited. It is based in Andhra Pradesh. RVNL also secured a contract from Central Railway. The contract is worth Rupees 159.79 crore. RVNL shares have shown positive growth over the past week and month.

Rail Vikas Nigam Limited (RVNL) proposes to tap business opportunities which Small Modular Reactors (SMRs) offer as it expands its canvas in India’s renewable energy space.

The employees said these factors are contributing to a huge subscriber port-out from BSNL to rival telcos’ networks, resulting in a significant revenue loss for the telecom PSU.

Larsen & Toubro overcame near-catastrophic challenges during the construction of India's longest rail tunnel, including a major water influx and soft rock pressure.

The matter took a twist when a legal heavyweight and former Chief Justice of India DY Chandrachud and a former Supreme Court justice AK Sikri weighed in, and strongly contradicted ASG views that put BSNL in a fix.

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.