News for Rail Vikas Nigam Limited (RVNL.NS)

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Metro Railway Kolkata has said certain bottlenecks in Chingrighata stretch along EM Bypass are hampering the progress of the Orange Line, which will connect the southern part of the city with the airport.

Stocks including Quality Power, M&M, NTPC Green, Tata Steel, Cipla, RVNL, Delta Corp, HG Infra and Berger Paints will be in the spotlight on Friday, February 21.

When markets resume trading today, Vedanta, RVNL, Max Healthcare Institute, Allcargo Gati and Affordable Robotic and Automation Limited (ARAPL) will be in focus due to various related developments.

RVNL stock fell 3.55% to Rs 381.30 on BSE on February 10. Market cap of RVNL stood at Rs 79,501 crore on BSE.

India is set to inaugurate its first vertical lift railway sea bridge in Pamban, Rameswaram. Replacing the 1914 British-era bridge, the new structure features an electro-mechanical lift system for improved maritime traffic navigation. Built at a cost of Rs 531 crore, the bridge enhances connectivity and efficiency for both residents and businesses, boosting religious tourism.

PSU stocks such as Chennai Petroleum Corporation Ltd (CPCL), Mangalore Refinery and Petrochemicals Ltd (MRPL), Cochin Shipyard Ltd, MMTC Ltd, ITI Ltd and Oil India Ltd have led the losers, falling 47-59 per cent.

Titagarh, RVNL, RailTel, IRFC lead gains

Stock Market Today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 1 February 2025.

Stock of RVNL gaining momentum, surged 9% on Friday, closing strong above key resistance level, potential rise to ₹515.

RVNL shares surged 11.59 per cent to hit a high of Rs 415. The stock was last seen trading 8.52 per cent up at Rs 403.60. At this price, it has gained 80.58 per cent in a year.

The shares of Rail Vikas Nigam Ltd (RVNL) were trading at ₹401.25, up by ₹29.35 or 7.89 per cent on the NSE at 11 am today.

RVNL share price: The stock has crashed 44.64 per cent from its all-time high value of Rs 647, seen on July 15 last year. Despite the mentioned fall, RVNL has gained 62.28 per cent in the past one year.

RVNL stock rose 1.52% to Rs 416.45 on BSE in the previous session. Market cap of RVNL stood at Rs 86,830 crore.

State-owned RVNL partners with Dubai-based GBHIC to pursue infrastructure projects in the GCC region. Despite a 27% YoY drop in Q2 FY25 net profit to Rs 286.9 crore, RVNLs share price has increased by 475% over the past two years, with a current market cap of Rs 86,830 crore.

Indian equity benchmarks took a breather today after witnessing a sharp cut in the previous session. Domestic indices staged a mild recovery led by gains in metals, pharma, healthcare and energy stocks.

AMFI rejig: Stocks that have been excluded from the largecap list included Adani Total Gas, IDBI Bank Ltd, Shree Cement Ltd, Union Bank of India Ltd and BHEL.

Railway stocks were seen rallying to fresh highs on Wednesday. Rail Vikas Nigam Ltd., Indian Railway Finance Corp., IRCON International Ltd. and Jupiter Wagons Ltd., are among the sector's top gainers.

Stocks in news: Here's a look at stocks that are in focus today. RVNL, TVS Motor, Cochin Shipyard, Dixon Technologies and more