Rail Vikas Nigam Ltd (RVNL) is trading at RS 343.55, up 1.00 points or 0.29% from its previous close of RS 342.55 on the BSE.
The stock opened at RS 343.10 and has so far recorded a high of RS 350.45 and a low of RS 338.05. Around 506,673 shares have been traded on the counter so far.
The BSE ‘A’ group stock with a face value of RS 10 hit a 52-week high of RS 501.55 on 01-Feb-2025 and a 52-week low of RS 295.25 on 07-Apr-2025.
During the last one week, the stock recorded a high of RS 373.00 and a low of RS 338.05. The company currently commands a market capitalization of RS 71,193.01 crore.
Promoter holding in the company stands at 72.84%, while institutional and non-institutional investors hold 11.07% and 16.09%, respectively.
Meanwhile, RVNL has received a Letter of Acceptance (LoA) from East Coast Railway for the establishment of a Wagon POH Workshop with a capacity of 200 units at Kantabanji. The project value (excluding GST) is RS 201.23 crore, and it is scheduled for completion within 18 months.
RVNL operates as an extended arm of the Ministry of Railways, executing a wide range of railway infrastructure projects including new lines, doubling, gauge conversion, electrification, metro systems, workshops, major bridges, cable-stayed bridges, and institutional buildings.