Rail Vikas Nigam Ltd. (RVNL) shares are trading at Rs. 437.30 on the BSE, marking an increase of 4.60 points or 1.06% from the previous close of Rs. 432.70.

The stock opened at Rs. 432.85 and recorded a high of Rs. 441.75 and a low of Rs. 427.30. A total of 2,49,719 shares have been traded so far. RVNL, classified under BSE group 'A', has a face value of Rs. 10, a 52-week high of Rs. 647.00 (15-Jul-2024), and a low of Rs. 152.45 (01-Nov-2023).

This week, the scrip fluctuated between Rs. 453.00 and Rs. 408.60, with a market capitalization of Rs. 91,209.20 crore. Promoters hold 72.84% of the company, while Institutions and Non-Institutions own 11.38% and 15.79%, respectively.

Recently, Rail Vikas Nigam was selected as the lowest bidder (L1) by East Central Railway for a traction system upgrade in the Gomoh - Patratu section of the Dhanbad Division. The contract, valued at Rs. 186.76 crore, includes designing, supplying, erecting, testing, and commissioning traction substations and related systems within 540 days.

Rail Vikas Nigam specializes in various railway infrastructure projects, including new lines, track doubling, gauge conversion, railway electrification, metro developments, workshops, bridges, and institutional buildings.