Rail Vikas Nigam Limited is currently trading at RS 308.40, rising by 1.65 points or 0.54% from its previous close of RS 306.75 on the Bombay Stock Exchange (BSE).

The stock opened at RS 306.00 and touched an intraday high of RS 310.50 and a low of RS 303.00. A total of 2,43,994 shares have been traded so far.

The BSE Group ‘A’ stock with a face value of RS 10 hit a 52-week high of RS 448.00 on 20-May-2025 and a 52-week low of RS 295.25 on 07-Apr-2025. Over the past week, the stock recorded a high of RS 314.40 and a low of RS 303.00. The company’s current market capitalization stands at RS 64,197.77 crore.

Promoters hold 72.84% stake in the company, while Institutional and Non-Institutional investors hold 11.37% and 15.79%, respectively.

Rail Vikas Nigam has executed a Strategic Joint Venture Shareholders’ Agreement with Texmaco Rail & Engineering for the incorporation and operation of a joint venture company. The partnership will focus on advanced rolling stock segments, lifecycle maintenance, asset management solutions, and large-scale EPC and turnkey infrastructure projects in India and overseas markets.

The proposed joint venture is expected to boost large-scale industrial activity, strengthen domestic MSME ecosystems, and generate thousands of skilled jobs across India’s manufacturing corridors. It will also incorporate sustainable practices, including renewable energy integration and circular production systems.

RVNL operates as an extended arm of the Ministry of Railways and undertakes execution of diverse railway infrastructure projects such as new railway lines, doubling, gauge conversion, electrification, metro projects, workshops, major bridges, cable-stayed bridges, and institutional buildings.