Page 3 - Rail Vikas Nigam

RVNL emerges as lowest bidder for two key projects; stock zooms 5%

RVNL stocks gained momentum following the company's announcement that it had emerged as the lowest bidder in two projects worth arpound Rs 5,608 crore (Rs 5,008 crore and Rs 613 crore respectively)

RVNL, Polycab, CG Power: Technical view on stocks that may turn large-caps

Nuvama Alternative & Quantitative Research in its early predictions on AMFI semi-annual categorization expects RVNL, Polycab India and 5 other stocks to be upgraded to large-caps.

RVNL up 3% on securing LoA for order of Rs 284 cr from East Coast Railway

RVNL share price rose after the company announced that it has secured a letter of acceptance (LoA) for an order worth approximately Rs 284 crore from East Coast Railway.

Railway stocks in focus; RVNL, IRFC, IRCON, Titagarh Rail zoom up to 7%

The rally in these stocks is attributed to the Union Cabinet's approval of a multi-tracking project for the Ministry of Railways in Uttar Pradesh, estimated to cost RS 2,642 crore

RVNL jumps over 7% on emerging lowest bidder for project worth Rs 271 crore

RVNL share price rose after the company announced that it has emerged as the lowest bidder (L-!) for a project worth Rs 270.78 crore.

RVNL, IRCTC, IRFC: Railway stocks trading 33% off highs; time for a relook?

Tech charts show that RVNL, IRCTC, IRFC, RailTel and Texmaco Rail were trading below long-term moving averages on the daily scale; however, select stocks were seen seeking support on the weekly scale.

BCPL Railway Infrastructure at 5% upper circuit on Rs 71-cr order; details

The uptick in BCPL Railway Infrastructure shares came after the company announced that it has received an order worth Rs 71 crore.

RVNL gets Rs 202-crore LoA from South Eastern Railway; shares gain over 4%

Rail Vikas Nigam Ltd will complete the project in an 18-month period

Patel Engineering stock rises 6% after inking MoU with Rail Vikas Nigam

The rise in Patel Engineering share price came after the company said that it has signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL), a state-owned railway company.

RVNL secures Rs 111-crore project from Southern Railway; shares gain 2%

The uptick in the RVNL share price rose after the company said that it has emerged as the lowest bidder (L-1) for a project worth Rs 1,11,38,95,411.60 ( approximately Rs 111.39 crore)

BEML, RVNL: Rail stocks zoom up to 7% on new metro projects worth Rs 30k cr

Shares of railway companies saw a surge of up to 7 per cent on the BSE during intraday trading on Monday following the Union Cabinet's approval of metro projects exceeding Rs 30,000 crore.

RVNL, Voda Idea, Dixon, HDFC Bk can rally up to 27% on MSCI inclusion boost

MSCI India August rejig: 7 stocks to be included in the India Index, HDFC Bank weightage to increase in 2 tranches; Bandhan Bank on its way out.

MSCI Aug rejig: India weight on equity index at record; $3 bn inflows eyed

HDFC Bank, India's top private lender and the heaviest stock in the benchmark NSE Nifty 50, will see an increase in its weightage, triggering potential inflows of $1.8 billion, Pagaria said

Should you buy or sell RVNL post Q1 results; here's what chart suggests

The overall bias for RVNL stock is likely to remain positive as long as the stock holds above Rs 490 levels; however, current momentum hints at likely 9 per cent downside risk at the counter.

RVNL Q1 results: Net profit falls 35% to Rs 224 cr on reduced income

State-owned Rail Vikas Nigam Ltd (RVNL) on Thursday posted around 35 per cent fall in consolidated net profit to Rs 223.92 crore during the June quarter of FY25, mainly on account of reduced income. It had reported a net profit of Rs 343.09 crore during the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing. The company's total income decreased to Rs 4,336.75 crore from Rs 5,853.18 crore in the year-ago quarter. RVNL, under the Ministry of Railways, is involved in project development, financing and implementation of projects related to rail infrastructure.

RVNL up 3% on Rs 739 crore-order win; to announce Q1FY25 results on Aug 8

The rise in the stock price came after the company announced that it has secured an order from Himachal Pradesh State Electricity Board limited (HPSEBL).

RVNL, HAL: Is there more downside for Rail, Defence stocks post Budget?

Shares of rail and defense related companies bounced back in trades on Wednesday; however, charts reveal that several stocks were trading below their key short-term moving averages.

RVNL signs MoU with Israel-based United Construction; stock 12% off lows

In a separate exchange filing, RVNL informed that the Hon'ble tribunal has passed an award of Rs 584.22 crore in favour of its joint venture company i.e. Krishnapatnam Railway Company Limited (KRCL).

RVNL, Angel One, Dixon, ITC, SBI: Strategies for Budget 2024 stocks

Stocks in focus ahead of Union Budget 2024: These 11 stocks across sectors are likely to be in focus in anticipation of measures to be announced by the finance minister Nirmala Sitharaman on Tuesday,

Castrol, IRFC, Oil India rally up to 50% so far in July; trading guide here

As many as 71 out of the Nifty 500 stocks have surged more than 10 per cent in the first-half of July 2024 so far; here are the key levels to watch on 5 buzzing stocks of the current month.