RVNL-GPT JV gets L1 nod for ₹1,201 Cr Ganga rail-cum-road bridge project
News by Aliceblue News Desk
29 Jan 2026
Introduction
Leading infrastructure firm announces M/s RVNL-GPT JV as lowest bidder for a Rs 1,201.36 crore Rail Cum Road Bridge project over river Ganga in Varanasi.
Share price movement of RVNL
On January 29, 2026, Rail Vikas Nigam Limited opened at ₹349.95, up 2.19% from its previous close of ₹342.45. The stock reached a high of ₹352.50 (2.95%) and a low of ₹331.25. By 12:09 PM, it traded at ₹332.95, a 2.77% decline, with a market cap of ₹69,420.74 crore.
RVNL-GPT JV Wins Rs 1,201 Crore Bridge Project
Rail Vikas Nigam Limited announced that M/s RVNL-GPT JV has emerged as the lowest bidder for constructing a new Rail Cum Road Bridge No. 11 over river Ganga, near Kashi Railway Station, Varanasi.
The bridge will feature eight spans of 108.5 m and two spans of 103.3 m Open Web Steel Girder. It will carry four railway tracks on the lower deck and a six-lane road on the upper deck.
The project, awarded by Northern Railway, is valued at Rs 1,201.36 crore and is to be completed in 48 months. RVNL holds 60% and GPT Infra Projects 40% in the joint venture.
Stock performance of RVNL for Period of 1 week, 6 months, and 1 year
Rail Vikas Nigam Ltd delivered a 4.10% return over the past week, declined 0.85% in the past 6 months, and fell 19.9% over the past 1 year.
Also Read: Deep Industries surges 4% after landing ₹108 Cr GAIL contract
Shareholding pattern of RVNL
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 72.80% | 72.80% | 72.80% |
| FII | 5.00% | 4.70% | 4.90% |
| DII | 6.40% | 6.40% | 6.40% |
| Public | 15.80% | 16.10% | 15.90% |
About RVNL
Rail Vikas Nigam Ltd (NSE: RVNL) implements rail infrastructure projects in India, including new lines, doubling, gauge conversion, electrification, major bridges, workshops, and freight revenue sharing with Railways.
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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.
FAQs
Q: Why is Rail Vikas Nigam Ltd share price rising today?
A: Rail Vikas Nigam Limited announces M/s RVNL-GPT JV as lowest bidder for Rs 1,201.36 crore Rail Cum Road Bridge project in Varanasi.
Q: What is Rail Vikas Nigam Ltd’s main business focus?
A: Rail Vikas Nigam Limited implements rail infrastructure projects, including new lines, doubling, gauge conversion, electrification, major bridges, and workshops across India.
Q: What is the 52-week high and low of Rail Vikas Nigam Ltd stock?
A: Rail Vikas Nigam Limited stock has a 52-week high of ₹501.55 and a 52-week low of ₹295.25.
News Author
Aliceblue News Desk
