SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Rail Vikas Nigam emerges as lowest bidder for Rs 244.32 crore project

22 May 2026 Evaluate

Rail Vikas Nigam (RVNL) has emerged as the Lowest Bidder (L1) from North Eastern Railway for Design/ Modification, Supply, Erection, Testing and Commissioning of 132kV / 55 kV Scott connected Traction Sub Station and switching posts with AT between feeding Itarsi (Excluding) - Shridham (Including) section (without SCADA) of Jabalpur Division, W C Railway in connection with Up-gradation of Electric Traction System from 1x25kV to 2x25 kV Traction System of WCR to meet 3000 MT loading target. 

Cost of work is Rs 244.32 crore including applicable taxes. The said order is expected to be completed within 18 months.  

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.


Rail Vikas Nigam Share Price

241.20 1.45 (0.60%)
16-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4185.70
Rail Vikas Nigam 241.20
NCC 153.05
KEC International 527.65
Kalpataru Projects 1366.00
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: