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UNBELIEVABLE: Rvnl | History Defined

RVNL shares crash 8% in 2 days. Here's why PL Capital sees 36% downside potential

Rail Vikas Nigam (RVNL) shares fell over 3% on Wednesday, extending losses for a second day after reporting a 43% year-on-year decline in Q4 net profit. PL Capital maintained its 'Sell' rating and reduced its target price, citing weak profitability despite modest revenue growth.

The Economic Times

RVNL shares fall 3% as Q4 net profit tumbles 43%; revenue rises just 5%

Rail Vikas Nigam Limited (RVNL) shares dipped 3% after reporting a 43% year-on-year decline in standalone net profit to Rs 212 crore for the March quarter. Despite a 5% revenue increase to Rs 6,648 crore, expenses rose significantly, impacting profitability. Full-year profit also saw a 33% drop.

The Economic Times

Stocks in news: Suzlon Energy, Wipro, Hindalco, ICICI Bank, Eicher Motors

Indian markets closed with small gains amidst a volatile week. Investors will watch global economic news and policy comments. The RBI's dividend transfer will impact liquidity and government spending. Suzlon Energy, Wipro, Hindalco, ICICI Bank, and Eicher Motors are in focus. Companies like Suzlon Energy, RVNL, and Pine Labs will…

The Economic Times

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MSCI rejig: MCX, Indian Bank included, but RVNL, Kalyan Jewellers out

MSCI’s May 2026 index rejig kept India’s overall representation in the MSCI Standard Index unchanged at 165 stocks, even as four companies, including MCX and Indian Bank, were added and four others, such as Rail Vikas Nigam Limited and Kalyan Jewellers, were removed. The changes will take effect after market…

The Economic Times

Bureaucratic tussle costs KRDCL dear with K-Rail losing major project

Bureaucratic tussle within Kerala Rail Development Corporation Ltd. (KRDCL), special purpose vehicle for executing viable rail projects in Kerala on a cost-sharing basis with Railways, has cost the fledgling entity dear with it losing a major work in the State.

The Hindu

SCR commissions its longest rail-over-rail flyover near Gudur station in Andhra Pradesh

SCR commissions longest Rail-over-Rail flyover near Gudur station in Tirupati district. 2.2 km flyover constructed by RVNL with state-of-the-art tech. Flyover designed to handle traffic in both directions, reducing waiting period of trains at Gudur Station.

The Hindu

SCR plans to build new Yadadri railway station for MMTS link

The Hindu

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Morning Digest | Opposition parties resolve to conduct caste census; PM Modi says coalitions of ‘negativity’ never successful, and more

Morning Digest, July 19, 2023 | NDA coalition of contributions, not compulsion; INDIA to conduct caste census; govt opts for scenario-based targets for exports; India-Russia JV deal back on track; and more

The Hindu

India-Russia joint venture on Vande Bharat trains hits hurdle

The joint venture (JV) between Russian transportation giant Transmashholding (TNH) and Indian public sector undertaking (PSU) Rail Vikas Nigam Limited (RVNL) to manufacture Vande Bharat Express train sets, valued at nearly $3.63 billion (over ₹30,000 crore), has run into problems.

The Hindu

DRM reviews projects with RVNL officials

Divisional Railway Manager (DRM) Shivendra Mohan discussed the progress of various infrastructure projects in Vijayawada division with Rail Vikas Nigam Limited (RVNL) Chief Project Manager Munna Kumar.

The Hindu

Cracks begin to show in India's Himalayan building spree

One morning 18 months ago, Jaswant Singh Butola woke to find hairline cracks had spread up the walls of his house, which overlooks a railway being built to take pilgrims to Himalayan holy sites in India near the border with China.

Reuters

Kolkata: Defence ministry, Rail Vikas Nigam Limited in 'talks' over Rs 30 crore 'demand' for Maidan zone stations

KOLKATA: The underground section of the Joka-Esplanade Metro corridor is caught in a fresh stalemate.

The Times of India

Kolkata: Ruby access points a hurdle for New Garia Airport Metro October launch

KOLKATA: Uncertainty looms over the October launch of New Garia-Airport Metro's first phase between New Garia and Ruby because construction is yet to begin in access points in two of the five stations that are to be commissioned. While each station is designed to have four access points, Kavi Sukanta…

The Times of India

Kolkata: IIT-Madras to study tunnel-boring machine effect on Victoria

KOLKATA: IIT-Madras will study the effect of tunnelling on the Victoria Memorial Hall (VMH) and its grounds once tunnel-boring machines (TBMs) start burrowing below the Maidan.

The Times of India

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The Times of India

Kolkata: Rail Vikas Nigam Limited starts restoring water body in Patuli after Metro construction

KOLKATA: A sprawling water body, over which the viaduct of the New Garia-Airport Metro has come up, is being restored as per Calcutta High Court order. With the Phase 1 of the New Garia-Airport corridor nearing completion, the implementing agency, Rail Vikas Nigam Limited (RVNL), has started restoring a 7-acre…

The Times of India

Kolkata Metro to add 61km tracks by 2026, East-West full run by January: General manager

KOLKATA: In the next four years, Kolkata will boast of a 100km of Metro network, Metro Railway general manager Arun Arora said on Thursday. These include Phase 1 of the Joka-Esplanade and New Garia-Airport corridors, with expected runs in September and October, respectively. Also, East-West Metro's Sealdah extension will start…

The Times of India

Calcutta HC clears Maidan metro tunnel after Army nod

KOLKATA: The much-awaited green light has come for the Joka-Esplanade Metro corridor with the Army on Friday informing a Calcutta High Court division bench that it has no objection to tracks being laid below Maidan and underground tunnelling through its land.

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