Introduction:
Railway stock won a rs 156.35 crore electrification project from South Western Railway. The contract includes EPC work for a 2×25 KV OHE and PSI system. It aims to improve railway connectivity and efficiency within an 18-month execution period.
Share Price movement of Rail Vikas Nigam:
On February 24, 2025, Rail Vikas Nigam Limited opened at ₹364.95, reaching a high of ₹369.40 and a low of ₹359.10 down 1.26% from its previous close of ₹371.70. Currently, it is trading at ₹367.00, with a market cap of ₹9,429.87 crore.
Rail Vikas Nigam new order:
Rail Vikas Nigam Limited (RVNL) secured the lowest bidder position for a South Western Railway project. The contract involves EPC work for a 2×25 KV OHE and PSI system. It also includes electrical, engineering, and telecommunication works in the Rayadurga to Topavagada section.
The domestic project has an execution timeline of 18 months. It covers the installation of traction substations, sectioning posts, and sub-sectioning posts. This initiative aims to enhance railway electrification and improve operational efficiency.
The contract is valued at rs 156.35 crore, including taxes. There is no promoter group interest or related party involvement. RVNL’s successful bid reinforces its role in railway infrastructure development, ensuring timely execution and modernization.
Also Read: Shreenath Paper Products IPO: Check the latest GMP for Shreenath Paper Products IPO here
Recent news About Rail Vikas Nigam:
On February 10, Rail Vikas Nigam secured a key electrification project as the Lowest Bidder (L1) for upgrading the 1×25 KV to 2×25 KV traction system between Kharagpur and Tatanagar. This project strengthens its role in railway modernization, enhancing freight capacity and operational efficiency.
Stock performance of Rail Vikas Nigam for Period of 1 week, 6 months and 1 year:
Rail Vikas Nigam stock has shown a 8.54 percent gain over the past week, indicating short-term strength. However, it experienced a 35.7 percent decline over the last six months, reflecting challenges. Over the past year, the stock gained 40.5 percent, showing long-term growth potential.
Also Read: Quality Power Electrical: Quality Power Electrical shares get listed at 1.66% premium!
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 Ltd is a leading public sector enterprise focused on railway infrastructure development. It specializes in providing engineering, procurement, and construction (EPC) services for railway electrification, track works, and modernizing railway systems across India, contributing to national transportation improvements.
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.
