Rail Vikas Nigam Ltd

(RVNL)

RVNL Declares Highest-Ever Dividend Amid Market Fluctuations - 18 Sep, 2024

Rail Vikas Nigam Limited (RVNL) will turn ex-dividend next week, announcing a record final dividend of Rs 2.11 per share. The record date is set for September 23, 2024. RVNL shares are currently trading at Rs 529.90, down 0.12% from the previous close, and have declined over 18.5% from their peak of Rs 647.

Rail Vikas Nigam Ltd Faces Monthly Decline - 17 Sep, 2024

Rail Vikas Nigam Ltd has experienced a 5.52% decline over the past month, trading at Rs 538.85, despite significant multibagger returns in the long term.

RVNL Declares Dividend Amidst Strong Stock Performance - 16 Sep, 2024

Rail Vikas Nigam Ltd (RVNL) announced a dividend of Rs 2.11 per share, with an ex-date of September 23. The stock has shown remarkable growth, gaining 1510.93% over two years and 220.11% in the last year. RVNL shares closed at Rs 545.30, down 1.80% on the day.

RVNL Faces Contract Reduction for Train Production - 13 Sep, 2024

Rail Vikas Nigam Ltd's contract with CJSC Transmashholding has been revised, reducing the number of Vande Bharat sleeper trains from 120 to 80. Additionally, the Supreme Court has halted tree felling for the Kolkata metro project, allowing RVNL to continue work without environmental disruption.

RVNL Declares Dividend Amidst Strong Stock Performance - 08 Sep, 2024

Rail Vikas Nigam Ltd (RVNL) shares surged 139.79% in six months. The company will pay a 21.1% dividend, with an ex-date of September 23, 2024. RVNL's stock has shown impressive long-term growth, gaining 2234.02% over five years.

RVNL Commissions Factory Amidst Stock Decline - 06 Sep, 2024

Rail Vikas Nigam Ltd. commissioned a factory in Latur for Vande Bharat coaches. However, shares fell 2% as analysts advised profit booking due to overvaluation concerns.

RVNL Declares Dividend and Expands Production Capacity - 05 Sep, 2024

Rail Vikas Nigam Ltd (RVNL) declared a dividend of Rs 2.11 per share, with an ex-date of September 23. Additionally, RVNL commissioned a new factory in Maharashtra to produce 1,920 Vande Bharat sleeper coaches, enhancing regional employment and skills.

RVNL Shares Experience Market Decline - 04 Sep, 2024

Rail Vikas Nigam Ltd shares opened lower at Rs 598, trading at Rs 595.55 as the market declined. HDFC Securities recommends buying RVNL with a target price of Rs 700.

RVNL Announces Dividend and Positive Analyst Recommendations - 03 Sep, 2024

Rail Vikas Nigam Limited (RVNL) declared a 21.1% dividend for FY2023-24, with an ex-date of September 23. Analysts recommend a BUY with a target price of Rs 630, highlighting strong stock performance.

RVNL Declares 21.1% Dividend for FY24 - 02 Sep, 2024

Rail Vikas Nigam Limited announced a 21.1% dividend for FY2023-24, translating to Rs 2.11 per share. The ex-date and record date are set for September 23, 2024. RVNL shares have shown significant growth, with a YTD increase of 234.04% and a 373.32% rise over the past year.

RVNL Secures Major Railway Order, Shares Surge - 30 Aug, 2024

Rail Vikas Nigam Ltd (RVNL) shares surged after winning a Rs 202.87 crore order from South Eastern Railway and potential MSCI inflows. The stock rose significantly throughout the day, reflecting strong investor interest and positive market sentiment.

RVNL Reports Decline in Sales Amid New MoU - 29 Aug, 2024

Rail Vikas Nigam Ltd reported a significant decline in Q1 sales and profit, while also signing an MoU with Patel Engineering for joint projects.

RVNL Secures Major Contract Amidst Strong Growth - 28 Aug, 2024

Rail Vikas Nigam Ltd has secured a Rs 111 crore contract from Southern Railways. Despite revenue drops, the company shows strong growth potential with a significant order book.

RVNL Wins Major Project, Shares Rise - 27 Aug, 2024

Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder for a Rs 111 crore project from Southern Railway, boosting its share price. Despite a 35% drop in net profit, RVNL's stock has shown impressive gains over the past year.

RVNL Signs MoU for ASEAN Railway Collaboration - 26 Aug, 2024

Rail Vikas Nigam Ltd (RVNL) has signed a Memorandum of Understanding (MoU) with Dhaya Maju Infrastructure (Asia) to collaborate on railway infrastructure projects in the ASEAN market. The agreement aims to establish a manufacturing base in Malaysia for railway coaches and products, addressing the growing demand in the region. Following the announcement, RVNL shares rose by 0.75% to Rs 577.15.

Rail Vikas Nigam Faces Challenges Amid Geopolitical Issues - 25 Aug, 2024

Rail Vikas Nigam Ltd (RVNL) is experiencing setbacks due to geopolitical turmoil affecting North East connectivity plans and a ₹300 crore revenue hit from a Harbour project in Maldives. Tenders worth ₹2500 crore are also unlikely in the short term.

RVNL Signs MoU, Shares Show Positive Momentum - 22 Aug, 2024

Rail Vikas Nigam Ltd (RVNL) signed a MoU with DMIA to explore railway projects in ASEAN, boosting shares. Despite recent profit declines, analysts foresee recovery and long-term growth potential due to a strong order book and global expansion efforts.

RVNL Updates: Bridge Test, MoU, and Stock Performance - 21 Aug, 2024

Rail Vikas Nigam Ltd (RVNL) successfully completed a load test on the Pamban bridge. Despite a recent stock decline, RVNL signed an MoU for ASEAN projects, indicating growth potential. The company maintains a strong order book, suggesting future revenue recovery.