News for Rail Vikas Nigam Limited (RVNL.NS)

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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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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 (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.

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.

Ircon International Ltd.'s joint venture with SSNR Projects Pvt. secured an order from Rail Vikas Nigam Ltd. for the construction of railway tunnels, according to an exchange filing from NSE. The contract is for the broad consideration of Rs 873 crore and will be divided among Ircon and SSNR in a 70:30 ratio, mirroring the ownership percentages of both companies in the joint venture.