Rail Vikas Nigam Secures Rs 115 Crore Contract

CosmicTaco · 2025-03-25T10:25:03.516358+05:30

- Rail Vikas Nigam Ltd's shares are in focus after securing a Rs 115 crore contract from Central Railway for OHE modification work in the Itarsi-Amla section. - The company emerged as the lowest bidder for the project aimed at upgrading the existing 1x25 KV electric traction system to 2x25 KV. - The contract will enhance railway electrification infrastructure and is expected to be executed over 24 months. - RVNL previously received a Rs 156.36 crore EPC contract from South Western Railway in March, covering the Rayadurga-Topavagada section. - RVNL reported a 13.1% YoY dip in net profit for Q3 FY25, with shares closing at Rs 371.5 on Monday, up 2.85% on the BSE. Source: [News 18](https://www.news18.com/business/markets/rail-vikas-nigam-shares-in-focus-after-winning-contract-worth-rs-115-cr-9273697.html), [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/rvnl-shares-in-focus-after-winning-rs-116-crore-central-railway-contract-in-nagpur/articleshow/119452795.cms), [Moneycontrol](https://www.moneycontrol.com/news/business/stocks/rnvl-shares-in-focus-on-emerging-lowest-bidder-for-a-contract-of-rs-115-crore-12974115.html)

Rail Vikas Nigam Ltd's shares are in focus after securing a Rs 115 crore contract from Central Railway for OHE modification work in the Itarsi-Amla section.
The company emerged as the lowest bidder for the project aimed at upgrading the existing 1x25 KV electric traction system to 2x25 KV.
The contract will enhance railway electrification infrastructure and is expected to be executed over 24 months.
RVNL previously received a Rs 156.36 crore EPC contract from South Western Railway in March, covering the Rayadurga-Topavagada section.
RVNL reported a 13.1% YoY dip in net profit for Q3 FY25, with shares closing at Rs 371.5 on Monday, up 2.85% on the BSE.

Source: News 18, The Economic Times, Moneycontrol