Introduction:
Leading Navratna company has secured a ₹554.65 crore contract from NHAI for constructing a six-lane access-controlled road to Visakhapatnam Port. The 12.66 km project in Andhra Pradesh aims to enhance connectivity and boost regional trade and transportation efficiency.
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Share price movement of RVNL:
On March 21, 2025, Rail Vikas Nigam Ltd (RVNL) opened at ₹360.60, up 0.71% from its previous close of ₹358.05. The stock reached a high of ₹373.70 (2.86%) and a low of ₹352.50. By 12:40 PM, it traded at ₹364.35, a 1.76% increase, with a market cap of ₹75,967.71 crore.
RVNL Secures ₹554 Cr NHAI Project:
Rail Vikas Nigam Limited (RVNL) has secured a Letter of Acceptance from the National Highway Authority of India (NHAI) for the construction of a six-lane access-controlled road connecting Visakhapatnam Port. The project spans 12.66 km on NH 516C under the Hybrid Annuity Mode in Andhra Pradesh.
The contract, valued at ₹554.65 crore (excluding GST), is expected to be completed within 730 days. The road will improve connectivity from Sabbavaram bypass to Sheelanagar junction, benefiting trade and transportation in the region. RVNL confirmed that this contract is part of its regular business operations.
The awarded contract does not involve related-party transactions or promoter interests. RVNL continues to expand its infrastructure footprint with strategic highway and rail projects. This development highlights the company’s growing role in India’s infrastructure sector, enhancing national connectivity.
Recent news on RVNL:
As of February 15, 2025, Rail Vikas Nigam Ltd reported a 13.1% YoY decline in net profit to ₹311.6 crore for Q2 FY25. Revenue fell 2.6% to ₹4,567.4 crore, while EBITDA dropped 3.9% to ₹239.4 crore.
Stock performance of RVNL for Period of 1 week, 6 months, and 1 year:
Rail Vikas Nigam Ltd delivered an 8.67% return over the past week but declined 34.2% in six months. However, the stock surged 46.4% over the past year, reflecting strong long-term growth despite recent short-term volatility in its performance.
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Shareholding pattern of RVNL:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 72.80% | 72.80% | 72.80% |
| FII | 5.10% | 5.10% | 3.10% |
| DII | 6.20% | 6.30% | 6.80% |
| Public | 15.90% | 15.80% | 17.30% |
About RVNL:
Rail Vikas Nigam Ltd (NSE: RVNL), incorporated in 2003 by the Government of India, executes rail infrastructure projects, including doubling, gauge conversion, electrification, bridges, workshops, and production units, while also sharing freight revenue with Indian Railways.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
