Introduction:
Navratna stock has secured a ₹729.82 crore contract to develop power distribution infrastructure in Himachal Pradesh’s Central Zone. This 24-month project, part of a national reform initiative, aims to reduce distribution losses and enhance electricity efficiency under the Revamped Distribution Sector Scheme.
Share Price movement of Rail Vikas Nigam:
On March 5, 2025, Rail Vikas Nigam Limited opened at ₹333.40, reaching a high of ₹351.40, up 6% from its previous close of ₹326.15, and a low of ₹330.30. Currently, the stock is trading at ₹342.00, with a market cap of ₹71,307.69 crore.
Rail Vikas Nigam received new order:
Rail Vikas Nigam Limited (RVNL) has secured a Letter of Acceptance from HPSEBL for developing distribution infrastructure in Himachal Pradesh’s Central Zone. This project, valued at ₹729.82 crore, is part of the Revamped Distribution Sector Scheme focused on reducing distribution losses and enhancing efficiency.
The contract involves general contract conditions and is a domestic project with a 24-month execution period. The initiative aims to modernize power distribution infrastructure, ensuring reliable electricity supply. This award falls under the company’s routine business operations and does not involve related-party transactions or promoter interests.
By executing this project, RVNL strengthens its role in India’s power infrastructure sector. The company continues to expand its expertise in large-scale distribution projects, aligning with national reforms to improve electricity distribution networks and drive overall efficiency in power management systems.
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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’s stock declined by 10.3% over the past week, reflecting short-term volatility. Over six months, it dropped significantly by 42.7%, indicating a challenging phase. However, in the past year, the stock delivered a 35.2% return, showcasing strong long-term growth despite recent declines.
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 (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.
