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Rail Vikas Nigam gains on awarding contract to Ashoka Buildcon’s JV

Rail Vikas Nigam Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 542649 | NSE: RVNL

18 Apr 2019 Evaluate

Rail Vikas Nigam is currently trading at Rs. 25.80, up by 0.20 points or 0.78% from its previous closing of Rs. 25.60 on the BSE.

The scrip opened at Rs. 26.25 and has touched a high and low of Rs. 26.85 and Rs. 25.15 respectively. So far 2589318 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.95 on 16-Apr-2019 and a 52 week low of Rs. 18.60 on 11-Apr-2019.

Last one week high and low of the scrip stood at Rs. 26.95 and Rs. 18.60 respectively. The current market cap of the company is Rs. 5400.20 crore.

The promoters holding in the company stood at 100.00%.

Rail Vikas Nigam has awarded a contract to Ashoka Buildcon’s Joint Venture (JV) -- ABL-STS JV, wherein Ashoka Buildcon is lead member, for works related to doubling of a railway track in Punjab. The accepted Bid Value of the Project is Rs 443.23 crore with a completion period of 36 months from the date of commencement of the work.

The Project is for the Construction of Roadbed, minor bridges, supply of ballast, Installation of track (excluding supply of rails, PSC sleepers & Thick web switches), Electrical (Railway Electrification and General Electrification), Signaling and Telecommunication works for Doubling of track between Kakrala Halt (Excluding) and Hadiaya (Including) from Km 57.50 to Km 115.64 in Ambala Division of Northern Railway in the state of Punjab.

Rail Vikas Nigam (RVNL), is a Special Purpose Vehicle created to undertake project development, mobilization of financial resources and implement projects pertaining to strengthening of Golden Quadrilateral and Port Connectivity.

Rail Vikas Nigam Share Price

303.10 9.45 (3.22%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	4094.95
Rail Vikas Nigam	303.10
NCC	161.30
KEC International	580.10
Kalpataru Projects	1232.90
View more..

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Rail Vikas Nigam gains on awarding contract to Ashoka Buildcon’s JV

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