Rail Vikas Nigam Limited said Saleem Ahmad has taken charge as its new chairman and managing director. He previously served as director (projects) at NBCC (India)
Jupiter Wagons (JWL) surged 9% to ₹337.70 on the back of over four-fold jump in the average trading volumes; the stock has zoomed 30% in two days.
RVNL, Jupiter Wagons, KEC International, JSW Infra, GE Vernova, HBL Engineering, KSB, Lloyd Metals and Sagility are seen trading above the Supertrend indicator in Monday's intra-day trade, show charts
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The implementation of Government's plans to radically improve the railway infrastructure is expected to keep the demand for railway products strong in future
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Rolling stock maker Texmaco Rail & Engineering Ltd on Wednesday said it has formed a joint venture with Rail Vikas Nigam Ltd (RVNL) to strengthen India's railway modernisation and export competitiveness. The venture will manufacture freight and passenger rolling stock including wagons, locomotives, coaches, trainsets and metro coaches and also take up EPC projects, depot operations and global tenders, a statement said. Texmaco, part of the Adventz Group, will hold a 49 per cent stake, while Navratna PSU RVNL will remain the majority shareholder. The transaction is expected to close by December 2025, subject to approvals. The JV will explore automation, artificial intelligence and green technologies to deliver advanced and cost-effective solutions, the companies said. Adventz Group chairman Saroj Kumar Poddar said the JV will expand India's capacity to deliver world-class rail infrastructure. It will open doors for innovation, exports and digital technologies, making Indian ...
Aditya Birla Fashion, Adani Total Gas, CESC, Granules India, IRB Infrastructure, Jindal Stainless, Poonawala Fincorp and SJVN are the eight stocks to exit derivatives segment post August expiry.
Here is the complete list of stocks that will trade ex-dividend on August 21, along with their key details
RVNL share price advanced 2.3 per cent on Tuesday, registering an intraday high at ₹391.4 per share after the company received a letter of acceptance (LoA) from Delhi Metro Rail Corporation
Rail Vikas Nigam Limited (RVNL) shares rose after it emerged as the lowest bidder (L1) for a project awarded by South Central Railway