Hot Pursuit     17-Oct-24
RVNL spurts on bagging Rs 270-cr contract from Maha Metro
Rail Vikas Nigam gained 4.97% to Rs 503.35 after the company informed that it has emerged as the lowest bidder (L1) for a contract worth Rs 270 crore from Maharashtra Metro Rail Corporation (Maha Metro) for metro station contract.
The project involves construction of seven elevated metro stations in Reach 3A namely Hingna Mount View, Rajiv Nagar, Wanadongri, APMC, Raipur Hingna Bus Station and Hingna and three elevated stations in Reach 4A at Pardi, Kapsi Khurd, and Transport Nagar of Nagpur Metro Rail Project (NMRP) Phase 2.

The cost of the project is Rs 270 crore and it is to be executed within 30 months.

Rail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.

The company’s consolidated net profit tumbled 34.7% to Rs 223.92 crore on 26.88% decline in revenue from operations to Rs 4,073.80 crore in Q1 FY25 over Q1 FY24.

Previous News
  Rail Vikas Nigam bags Rs 270 cr Central Railway project
 ( Corporate News - 25-Feb-26   09:26 )
  Rail Vikas Nigam declared lowest bidder for Rs 145 cr project of Southern Railways
 ( Corporate News - 22-Sep-25   19:42 )
  RVNL Q3 PAT rises 4% YoY to Rs 323 crore
 ( Hot Pursuit - 05-Feb-26   16:27 )
  RVNL emerges as L-1 bidder for Rs 40-cr S&T maintenance contract from Western Railway
 ( Hot Pursuit - 03-Oct-25   14:58 )
  Rail Vikas Nigam receives LoA worth Rs 178.64 cr from IRCON
 ( Corporate News - 14-Aug-25   18:37 )
  Rail Vikas Nigam successfully bids for Western Railways project
 ( Corporate News - 03-Oct-25   15:02 )
  Rail Vikas Nigam to hold AGM
 ( Corporate News - 01-Aug-25   15:57 )
  Rail Vikas Nigam
 ( Analyst Meet / AGM - Conference Call 13-Aug-25   09:07 )
  Rail Vikas Nigam signs MoU with Texmaco Rail & Engineering
 ( Corporate News - 29-May-25   19:26 )
  Rail Vikas Nigam successfully bids for Rs 404 cr project of East Coast Railway
 ( Corporate News - 31-Dec-24   11:51 )
  Rail Vikas Nigam wins Rs 135 cr work order from Central Railway
 ( Corporate News - 27-Feb-25   19:00 )
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