Hot Pursuit     07-Mar-25
RVNL gains on bagging Rs 156-cr EPC contract from South Western Railway
Rail Vikas Nigam (RVNL) added 2.67% to Rs 346.40 after the company announced that it has received a letter of acceptance (LoA) for an EPC contract worth Rs 156.35 crore from South Western Railway.
The project involves the design, supply, erection, testing, and commissioning of a 2X25 KV overhead electrification (OHE) and power supply installation (PSI) system, along with electrical general services, engineering, and telecommunication works.

The contract covers the Rayadurga-Topavagada section of the TK-RDG railway line and is expected to be completed within 18 months.

Rail Vikas Nigam is engaged in executing all types of railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable-stayed bridges, and institutional buildings.

The company reported 13.14% decline in consolidated net profit to Rs 311.44 crore in Q3 FY25 as against Rs 358.57 crore posted in Q3 FY24. Revenue from operations fell by 2.60% YoY to Rs 4,567.38 crore in the quarter ended 31 December 2024.

Previous News
  Rail Vikas Nigam signs MoU with Abhinava Strategic Partners
 ( Corporate News - 10-Mar-25   19:12 )
  Rail Vikas Nigam wins EPC project of Rs 295 cr from South Central Railway
 ( Corporate News - 18-Nov-24   14:06 )
  RVNL emerges as L1 bidder for order worth Rs 156 cr
 ( Hot Pursuit - 22-Feb-25   14:20 )
  RVNL edges higher after securing Rs 729 crore contract from HPSEBL
 ( Hot Pursuit - 05-Mar-25   09:45 )
  Visakhapatnam Port Authority signs MoU with RVNL
 ( Corporate News - 03-Jan-25   18:36 )
  Nifty below 24,300 level; HDFC Bank drops 4.22%
 ( Market Commentary - Mid-Session 05-Jul-24   12:33 )
  Rail Vikas Nigam to hold AGM
 ( Corporate News - 31-Aug-24   16:21 )
  RVNL secures LoA worth Rs 132 cr from Central Railway
 ( Hot Pursuit - 13-Jul-24   16:38 )
  Rail Vikas Nigam wins Rs 180cr-project of East Central Railway
 ( Corporate News - 06-Nov-24   18:46 )
  Rail Vikas Nigam announces cessation of director
 ( Corporate News - 08-Nov-24   19:05 )
  Sensex gains 692 pts; Nifty closes above 22,800; VIX tumbles 11.04%
 ( Market Commentary - Quick Review 06-Jun-24   15:55 )
Other Stories
  Aegis Logistics Ltd gains for third straight session
  29-Apr-25   13:05
  Go Digit General Insurance tumbles as Q4 PAT slides 2% QoQ to Rs 116 crore
  29-Apr-25   13:04
  IndusInd Bank Ltd spurts 0.75%, up for five straight sessions
  29-Apr-25   13:00
  Hexaware Tech jumps after Q1 PAT rises 3% QoQ to Rs 327 cr in CY25
  29-Apr-25   12:49
  Vimta Labs rises after strong Q4 performance; board OKs 1:1 bonus share issue
  29-Apr-25   12:49
  Tata Tech slides after large block deal
  29-Apr-25   12:38
  Nippon Life Q4 PAT slides 13% YoY to Rs 298 crore; declares dividend of Rs 10/sh
  29-Apr-25   12:26
  Firstsource Solutions Q4 PAT rises 20% YoY to Rs 161 cr in FY25
  29-Apr-25   12:26
  Growington Ventures India Ltd leads gainers in 'B' group
  29-Apr-25   12:15
  Hatsun Agro Product drops after Q4 PAT slide 18% YoY to Rs 43 cr
  29-Apr-25   12:04
Back Top