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Rail Vikas Nigam shines on signing MoU with Damodar Valley Corporation

16 Oct 2026 Evaluate

Rail Vikas Nigam is currently trading at Rs. 200.60, up by 4.10 points or 2.09% from its previous closing of Rs. 196.50 on the BSE.

The scrip opened at Rs. 197.00 and has touched a high and low of Rs. 201.85 and Rs. 194.75 respectively. So far 238658 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. 187.00 on 08-Oct-2026.

Last one week high and low of the scrip stood at Rs. 201.85 and Rs. 191.15 respectively. The current market cap of the company is Rs. 41929.75 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 (RVNL) has signed Memorandum of Understanding (MoU) with Damodar Valley Corporation (DVC) for cooperation in the development, upgradation, renovation and construction of rail infrastructure and connectivity to DVC’s power plants and captive coal mining areas, including associated Rapid Loading Systems (RLS/CHP/SILO) and Re-tractable overhead electrification (OHE) systems.

Rail Vikas Nigam 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.


Peers
Company Name CMP
Larsen & Toubro 3632.00
Kalpataru Projects 1368.90
NCC 125.55
Rail Vikas Nigam 199.75
KEC International 352.15
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