Rail Vikas Nigam surges on bagging LoA worth Rs 358.97 crore for EPC project
Rail Vikas Nigam is currently trading at Rs. 226.35, up by 5.10 points or 2.31% from its previous closing of Rs. 221.25 on the BSE.
The scrip opened at Rs. 224.75 and has touched a high and low of Rs. 227.30 and Rs. 224.15 respectively. So far 153733 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 400.90 on 29-Dec-2025 and a 52 week low of Rs. 220.25 on 28-Jul-2026.
Last one week high and low of the scrip stood at Rs. 227.55 and Rs. 220.25 respectively. The current market cap of the company is Rs. 47048.48 crore.
The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 9.02% and 18.14% respectively.
Rail Vikas Nigam has received Letter of Acceptance (LoA) worth Rs 358.97 crore (including 18% GST) from East Central Railway. The LoA is for the engineering, procurement and construction (EPC) tender for ‘Construction of doubling work including earth work, blanketing, minor bridges, major bridges, station & other buildings, platform work, LC work and other miscellaneous works for 25T Indian Railway Standard Loading from Kundawa Chainpur (excl.) to Raxaul (excl.) (i.e. Ch.145.500 to 186.540) (total- 41.04 km) in connection with doubling of Sitamarhi-Raxaul section in Samastipur Division of East Central Railway. The order is to be executed within 1095 days.
Rail Vikas Nigam (RVNL) functions as an extended arm of the Ministry of Railways. The company 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.
