Railway stock jumps after receiving order worth ₹144 Cr from Southern RailwayRailway stock jumps after receiving order worth ₹144 Cr from Southern Railway

Introduction:

Railway stock in focus after emerging as the lowest bidder for a ₹143.38 Crore traction upgrade project from Southern Railway. The contract aims to boost electric traction capacity between Salem and Coimbatore, supporting higher freight handling across critical regional rail routes.

Share Price movement of Rail Vikas Nigam:

On April 11, 2025, Rail Vikas Nigam Limited opened at ₹345.00, reaching a high of ₹348.35, up 2.12% from the previous close of ₹337.65 and a low of ₹340.20. The stock is currently trading at ₹344.80, with a market cap of ₹71,891.49 Crores.

Rail Vikas Nigam received order:

Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder (L1) for a project awarded by Southern Railway. The work involves upgrading the electric traction system from 1×25 kV to 2×25 kV between Salem Jn. and Coimbatore Jn., ensuring enhanced loading capacity.

This domestic project is part of the Salem division and includes sections such as Podanur and Irugur. The scope is aligned with Southern Railway’s objective to meet a 3000 MT loading target. The total cost of the contract is ₹143.38 Crores and will be executed over 24 months.

The project falls within RVNL’s regular course of business and adheres to standard industry conditions. There is no promoter involvement or related party transaction in the award, and the project was disclosed as per SEBI’s regulatory framework.

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Recent news About Rail Vikas Nigam:

Rail Vikas Nigam Limited (RVNL) is a Navratna Central Public Sector Enterprise under the Ministry of Railways, Government of India. Established in 2003, RVNL serves as the construction arm of Indian Railways, focusing on the development and implementation of rail infrastructure projects.

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

Rail Vikas Nigam’s stock saw a decline of 3.61% over the past week. In the last six months, it dropped by 29.0%. However, over the one-year period, the stock delivered a solid return of 29.8%, reflecting strong long-term investor interest.

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Shareholding pattern of Rail Vikas Nigam:

Summary	Dec-24	Sep-24	Jun-24
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 Rail Vikas Nigam:

Rail Vikas Nigam Limited (NSE: RVNL) is a public sector enterprise under the Ministry of Railways, responsible for implementing rail infrastructure projects across India. It undertakes works like new lines, gauge conversion, electrification, and metro projects, playing a key role in railway modernization and capacity expansion.

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.