SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rail Vikas Nigam soars on emerging as Lowest Bidder for project worth Rs 191.53 crore

24 Jun 2024 Evaluate

Rail Vikas Nigam is currently trading at Rs. 417.30, up by 7.60 points or 1.86% from its previous closing of Rs. 409.70 on the BSE.

The scrip opened at Rs. 410.00 and has touched a high and low of Rs. 432.00 and Rs. 405.25 respectively. So far 2623379 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 432.00 on 24-Jun-2024 and a 52 week low of Rs. 117.35 on 13-Jul-2023.

Last one week high and low of the scrip stood at Rs. 432.00 and Rs. 383.00 respectively. The current market cap of the company is Rs. 87122.56 crore.

The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 8.50% and 18.66% respectively.

Rail Vikas Nigam has emerged as the Lowest Bidder (L1) from SER HQ-Electrical/South Eastern Railway for Design, Supply, Erection, Testing & Commissioning of 132 KV Traction Substation, Sectioning post (SPs), and Sub sectioning post (SSPs) in 2x25KV System on Rajkhaswan- Nayagarh-Bolani section of Chakradharpur division of South Eastern Railway to meet 3000MT loading target on EPC mode. Cost of work is Rs 191.53 crore including applicable taxes. The said order is expected to be completed in 18 months. 

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.


Rail Vikas Nigam Share Price

301.95 -1.15 (-0.38%)
20-Apr-2026 09:25 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4126.85
Rail Vikas Nigam 301.95
NCC 160.65
KEC International 574.10
Kalpataru Projects 1229.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×