Railway stock jumps after it receives order worth ₹210 Cr from South Eastern RailwayRailway stock jumps after it receives order worth ₹210 Cr from South Eastern Railway

Introduction:

Railway stock secured a key electrification project as the Lowest Bidder (L1) for upgrading the 1×25 KV to 2×25 KV traction system between Kharagpur and Tatanagar. This project strengthens its role in railway modernization, enhancing freight capacity and operational efficiency.

Share Price movement of Rail Vikas Nigam:

On February 10, 2025, Rail Vikas Nigam Ltd (RVNL) opened at ₹395.10, the stock hit a high of ₹399.10 up 1.02% from its previous close of ₹395.05 and a low of ₹379.60. Currently, it is trading at ₹381.50, with a market cap of ₹79,543.52 crore.

Rail Vikas Nigam receives order worth ₹210 Cr:

Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for a South Eastern Railway project. The contract involves the design, supply, erection, testing, and commissioning of an upgraded electric traction system from 1×25 KV to 2×25 KV between Kharagpur and Tatanagar.  

The upgrade aims to support a 3000 MT loading target in the Kharagpur/Chakradharpur division, enhancing railway electrification and operational efficiency. This project aligns with RVNL’s expertise in railway infrastructure development, reinforcing its role in modernizing India’s railway network and boosting freight capacity.  

As part of regulatory compliance, RVNL has submitted disclosures as per the SEBI Circular dated July 13, 2023. The company continues securing major railway contracts, reflecting its strong execution capabilities and commitment to strengthening the country’s railway infrastructure.

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Recent news About Rail Vikas Nigam :

In February 2025, Rail Vikas Nigam Limited (RVNL) secured a ₹404.4 crore contract from East Coast Railway for the Koraput-Singapur Road Doubling Project, which includes the construction of major bridges and road-over bridges, with an expected completion timeline of 30 months.

Stock performance of Rail Vikas Nigam for Period of 1 week, 6 months and 1 year:

Rail Vikas Nigam’s stock declined 2.97% over the past week, reflecting short-term volatility. Over six months, it dropped 28.7%, indicating mid-term weakness. However, in the last year, the stock gained 52.4%, showcasing strong long-term growth despite recent fluctuations in performance.

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Shareholding pattern of Rail Vikas Nigam:

All values in %	Dec-24	Sep-24	Jun-24
Promoters	72.84	72.84	72.84
FII	5.1	5.05	3.13
DII	6.16	6.33	6.77
Retail & others	15.9	15.78	17.25

About Rail Vikas Nigam:

Rail Vikas Nigam Limited (RVNL) is a public sector enterprise specializing in railway infrastructure development. It undertakes electrification, track doubling, metro projects, and signaling upgrades, playing a crucial role in modernizing India’s railway network and enhancing freight and passenger transportation efficiency.

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.