Introduction:
PSU infra stock has emerged as the Lowest Bidder (L1) for a ₹554.64 crore highway project from NHAI. The contract involves constructing a six-lane access-controlled road to Visakhapatnam Port, enhancing its role in India’s infrastructure and highway development sector.
Share Price movement of Rail Vikas Nigam:
On March 12, 2025, Rail Vikas Nigam Limited opened at ₹340.00, reaching a high of ₹342.00 up 3.43% its previous close was ₹330.65, a low of ₹331.00,. The stock is currently trading at ₹331.45, with a market cap of ₹69,107.99 crore.
Rail Vikas Nigam received new order:
Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for a major project from the National Highway Authority of India. The project involves constructing a six-lane access-controlled road to Visakhapatnam Port under the Hybrid Annuity Model in Andhra Pradesh.
The awarded contract spans 12.66 km from Sabbavaram bypass to Sheelanagar junction along NH 516C. The project, valued at ₹554.64 crore (excluding GST), is expected to be completed within 730 days. It aligns with RVNL’s expertise in infrastructure development and highway construction.
There is no promoter or related party involvement in the contract, ensuring transparency. This project further strengthens RVNL’s position in India’s road infrastructure sector, reinforcing its commitment to executing large-scale national highway projects efficiently.
Recent news About Rail Vikas Nigam:
On February 21, 2025, Rail Vikas Nigam Limited, in partnership with HFCL Ltd and Aerial Telecom Solutions, signed a PIA agreement with BSNL for telecom infrastructure projects in Uttar Pradesh, reinforcing its role in enhancing digital connectivity and communication networks.
Stock performance of Rail Vikas Nigam for Period of 1 week, 6 months and 1 year:
Rail Vikas Nigam displayed varied performance over different periods. Over the past week, it declined by 1.67%, showing short-term weakness. In six months, it dropped 40.5%, indicating significant volatility. However, over the last year, it gained 35.8%, reflecting long-term growth potential.
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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 (NSE: RVNL) is a government-owned enterprise specializing in railway infrastructure development. It undertakes project execution, electrification, signaling, and track doubling to enhance India’s railway network, contributing to modernization, efficiency, and expansion of transportation infrastructure across the country.
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.
