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Railway stock jumps 3% after it receives order worth ₹115.7 Cr from Central Railway

Prominent railway company has emerged as the lowest bidder for a crucial Central Railway project. The initiative focuses on upgrading the traction system in the Itarsi-Amla section.
Railway stock surges after securing ₹115.7 Cr order from Central Railway, boosting growth prospects.

Introduction:

Leading railway infrastructure company has secured the lowest bidder position for a major Central Railway project. The initiative involves upgrading the 1×25 KV traction system to 2×25 KV on the Itarsi-Amla line to enhance freight capacity and improve operational efficiency.

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Also Read: Defence stock jumps after receiving order from German companies for delivery of multi-purpose vessels

Share price movement of RVNL:

On March 25, 2025, Rail Vikas Nigam Ltd (RVNL) opened at ₹379.95, up 2.26% from its previous close of ₹371.55. The stock reached a high of ₹384.00 (3.35%) and a low of ₹368.00. By 11:15 AM, it traded at ₹369.65 with a market cap of ₹77,072.77 crore.

RVNL Secures Central Railway Project:

Central Railway chose Rail Vikas Nigam Limited (RVNL) as the lowest bidder (L1) for a major project. The agreement calls for upgrading the existing 1×25 KV traction system in the Itarsi-Amla section to a 2×25 KV system.

In order to increase railway electrification in the Nagpur division, the project aims to upgrade the feeding system to support a 3000 MT loading target. This achievement demonstrates RVNL’s proficiency in carrying out significant improvements to railway infrastructure.

Recent news on RVNL:

As of March 10, 2025, Rail Vikas Nigam Ltd (RVNL) signed an MoU with Abhinava Strategic Partners to provide advisory services for infrastructure projects across railways, highways, power, and renewable sectors in Saudi Arabia and the Middle East.

Stock performance of RVNL for Period of 1 week, 6 months, and 1 year:

Rail Vikas Nigam Ltd (RVNL) delivered an 11.5% return over the past week, it declined by 28.8% in the past six months. The stock gained 48.7% over the past year.

Also Read: Infra stock jumps 3% after receiving 2 orders worth ₹730 Cr

Shareholding pattern of RVNL:

ParticularsDec 2024Sep 2024Jun 2024
Promoter72.80%72.80%72.80%
FII5.10%5.10%3.10%
DII6.20%6.30%6.80%
Public15.90%15.80%17.30%

About RVNL:

Rail Vikas Nigam Ltd (NSE: RVNL), is involved in the implementation of numerous rail infrastructure projects assigned by the Ministry of Railways (MoR). These projects include major bridges, workshops, production units, gauge conversion, new lines, doubling, railway electrification, and the transfer of freight revenue to 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.

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