Introduction:
Railway stock secured a major contract as the Lowest Bidder (L1) for a South Western Railway project. The ₹3,554.30 crore contract involves installing KAVACH safety systems across 790 RKM, enhancing railway safety, signaling efficiency, and strengthening its infrastructure execution capabilities.
Share Price movement of Rail Vikas Nigam:
On February 10, 2025, Rail Vikas Nigam Ltd opened at ₹383.00, reaching a high of ₹385.75 up 1.12% from its previous close of ₹381.45 and a low of ₹368.00. Currently, it is trading at ₹371.40, with a market cap of ₹77,437.65 crore.
Rail Vikas Nigam receives new order:
Rail Vikas Nigam Limited (RVNL) has been awarded the Lowest Bidder (L1) status for a South Western Railway project. It involves survey, design, supply, installation, testing, and commissioning of KAVACH equipment across 790 RKM in Hubballi and Mysuru divisions. This project aims to improve railway safety and signaling.
As per SEBI guidelines, the contract is domestic, valued at ₹355.43 crores, and will be executed within 18 months. It follows general contract conditions with no involvement of promoter group interests. The project ensures compliance and transparency in execution without related party transactions.
This order enhances RVNL’s role in India’s railway modernization. The KAVACH system will strengthen railway safety and operational efficiency. Winning this contract reinforces RVNL’s capabilities in executing large-scale infrastructure projects for the Indian Railways.
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Recent news About Rail Vikas Nigam :
In early February 2025, Rail Vikas Nigam Ltd (RVNL) secured a ₹404.4 crore contract from East Coast Railway for the Koraput-Singapur Road Doubling Project, which includes major bridge and road-over-bridge constructions. The project is expected to be completed within 30 months.
Stock performance of Rail Vikas Nigam for Period of 1 week, 6 months and 1 year:
Rail Vikas Nigam’s stock declined 4.66% over the past week, reflecting short-term volatility. Over six months, it dropped 31.2%, indicating a significant downturn. However, on a yearly basis, the stock delivered a 66.1% return, showcasing strong long-term growth despite recent fluctuations.
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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 (RVNL) is a government-owned entity specializing in railway infrastructure development. It executes projects for track laying, electrification, signaling, and station modernization. RVNL plays a crucial role in expanding and upgrading India’s railway network for improved efficiency and connectivity.
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.
