Rail Vikas Nigam Limited (RVNL) is currently trading at ₹419.50 on the BSE, marking an increase of ₹3.05 or 0.73% from its previous close of ₹416.45. The stock opened at ₹420.05 and fluctuated between a high of ₹423.75 and a low of ₹412.60 during the session, with 2,68,599 shares traded so far.

The stock, classified under the BSE Group 'A' with a face value of ₹10, recorded a 52-week high of ₹647.00 on July 15, 2024, and a 52-week low of ₹181.30 on January 9, 2024. Over the last week, it touched a high of ₹439.35 and a low of ₹408.00. The company's market capitalization stands at ₹87,549.99 crore.

Promoters hold a 72.84% stake in the company, while institutional investors and non-institutional investors own 11.38% and 15.79%, respectively.

In a significant development, RVNL has signed a memorandum of understanding (MoU) with GBH International Contracting LLC, a Dubai-based company, to explore civil infrastructure business opportunities in GCC countries. Previously, the company entered into an MoU with the Visakhapatnam Port Authority to construct internal flyovers, streamline cargo evacuation, and eliminate 11 level crossings obstructing traffic at the port.

RVNL specializes in executing various railway projects, including new lines, doubling, gauge conversion, electrification, metro projects, and constructing bridges and institutional buildings. It is a leading company in India's rail infrastructure sector.