Thu, Apr 13, 2023
RVNL share price: Rail Vikas Nigam Ltd shares rose naerly three per cent on Thursday after the company bagged a letter of award (LOA) worth Rs 63 crore from the North Western Railway, one of the zones under the Indian Railways.
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Fri, Mar 24, 2023
RVNL dividend news: Rail Vikas Nigam Ltd announced a dividend of Re 1.77 per equity share of face value of Rs 10 each with a record date of April 6. RVNL said the interim dividend will be paid on or before April 22.
Thu, Mar 02, 2023
RVNL share price: Rail Vikas Nigam shares zoomed on Thursday with high volumes after the PSU emerged the lowest bidder for manufacturing and maintaining 200 Vande Bharat trains in a joint venture with Russia's Metrowagonmash. "The total quantity is 200 trainsets and cost per set is Rs 120 crore," RVNL said.
Wed, Jan 18, 2023
RVNL share price: The development come close on the heels of orders totalling Rs 1,339 crore from Southern Railways, Chennai Metro Rail and Gujarat Metro Rail Corp this month.
The targets assigned by the brokerage are with respect short-to-medium term view.
Wed, Mar 10, 2021
Rail Vikas Nigam follows an asset light business model, which helps keep its fixed asset part lower, helping it to keep its balance sheet stress free, and resulting in lower inventory days. Rail Vikas Nigam is a project executing agency working for and on behalf of MoR (Ministry of Railways) and has a strong order book visibility which is likely to play a key role in the development of railway infrastructure in India.
Thu, Apr 11, 2019
The company is incorporated by the Ministry of Railway with an objective to undertake rail project development, mobilization of financial resources and implementation of rail projects.
Fri, Mar 29, 2019
Price band for the IPO is set at lower end of Rs 17 per piece and higher end of Rs 19 per piece. There is also 0.50% discount available to retail and employee investors on their price band.
Wed, May 30, 2018
At least three dozen companies are set to launch their initial public offerings worth Rs 35,000 crore in the coming months, largely to fund their expansion projects and working capital requirement.
Thu, Dec 22, 2016
Indian Port Rail Corporation Ltd (IPRCL) is looking at enhancing port connectivity and evacuation while paving the way for seamless integration of port railway system with the Indian Railways network, government said today.
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