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Rail Vikas Nigam is currently trading at Rs. 31.45, up by 0.50 points or 1.62% from its previous closing of Rs. 30.95 on the BSE.

The scrip opened at Rs. 31.90 and has touched a high and low of Rs. 31.90 and Rs. 31.35 respectively. So far 401166 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 35.60 on 11-Jan-2021 and a 52 week low of Rs. 18.05 on 29-Oct-2020.

Last one week high and low of the scrip stood at Rs. 31.90 and Rs. 29.90 respectively. The current market cap of the company is Rs. 6453.14 crore.

The promoters holding in the company stood at 78.20%, while Institutions and Non-Institutions held 9.36% and 12.44% respectively.

Rail Vikas Nigam (RVNL) has entered into Memorandum of Understanding (MoU) with Braithwaite (BCL). The said consortium will explore the 400 KV/220 KV GIS, AIS substation works, 400 KV/220 KV/132 KV transmission line, HV/EHV underground cables, Railway 25 KV OHE work and Railway traction substation works, Metro station E&M work and tunnel ventilation work, Electrical substations 132KV/66KV/33KV, modification, shifting & relocation of existing EHV transmission line all MEP projects, Smart city Works, Signalling and Telecom work, IT/Non-IT infrastructure works, integrated traffic management service, projects in Govt/Semi Govt/State Govt/PSUs etc, utilizing the credentials of each other and execute the same utilizing the expertise of each other. The aim of this consortium will be to generate at least Rs 1000 crore business per year under this umbrella.

Rail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.