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BOM:542649

5 stories mentioning BOM:542649

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Asia

Rail Vikas Nigam's Consolidated Profit Declines in Fiscal Q4; Shares Down 4%

Rail Vikas Nigam's (NSE:RVNL, BOM:542649) consolidated net profit declined to 1.87 billion Indian rupees in the fiscal fourth quarter ended March 31, from 4.55 billion rupees a year ago.Earnings per share contracted to 0.90 rupees from 2.18 rupees a year earlier, the railway construction company said in a filing to the Indian stock exchanges on Monday.The company's shares were down nearly 4% in recent trade.Revenue from operations in fiscal Q4, however, increased to 67.0 billion rupees from 64.3 billion rupees a year ago.The company's board recommended a final dividend of 0.71 rupees per share on the paid-up equity share capital of face value of 10 rupees each for the financial year 2025-26.

BOM:542649NSE:RVNL
Asia

Rail Vikas Nigam Secures INR1.3 Billion Railway Electrification Project

Rail Vikas Nigam (NSE:RVNL, BOM:542649) emerged as the lowest bidder for a railway electrification project worth 1.29 billion Indian rupees from North Eastern Railway, according to an Indian bourse filing on Wednesday.Shares of the company rose over 1% in Thursday's trade.The project involves the design, supply, erection, testing and commissioning of traction substations and associated switching posts in the Varanasi-Prayagraj section under engineering, procurement and construction mode, the filing said.The project is scheduled to be executed within 730 days.

BOM:542649NSE:RVNL
Asia

Rail Vikas Nigam Bags INR1.64 Billion Railway Project

Rail Vikas Nigam (NSE:RVNL, BOM:542649) emerged as the lowest bidder for a railway signaling project from East Coast Railway, according to an Indian bourse filing on Wednesday.Shares of the company rose nearly 1% in Thursday's trade.The project, valued at about 1.64 billion rupees, involves the provision of multi-section digital axle counter systems to improve reliability in the KUR division of East Coast Railway, the filing said.The order is scheduled to be executed within 18 months.

BOM:542649NSE:RVNL
Asia

Rail Vikas Nigam Emerges L1 Bidder for East Coast Railway Project Worth INR9.68 Billion; Shares up 3%

Rail Vikas Nigam (NSE:RVNL, BOM:542649) has emerged as the lowest bidder (L1) for an East Coast Railway project worth 9.68 billion Indian rupees, according to an Indian bourse filing on Thursday.Shares of the company rose over 3% in Friday's trade.The project involves third and fourth line construction between Nergundi-Barang and Khurda Road-Vizianagaram section and covers construction of multiple major bridges on the Bhadrak-Vizianagaram section on an EPC basis, the filing said.The project is scheduled to be completed in three years, it added.

BOM:542649NSE:RVNL
Asia

RailTel Corporation of India Gets Letter of Acceptance for Order Worth INR2.55 Billion; Shares Jump 12%

RailTel Corporation of India (NSE:RAILTEL, BOM:543265) has received a letter of acceptance for an order worth 2.55 billion Indian rupees from Rail Vikas Nigam (NSE:RVNL, BOM:542649), according to a Tuesday filing to the Indian stock exchanges.The company's shares were up nearly 12% in recent trade.The contract is for the supply, installation, testing, and commissioning of integrated communication systems for tunnels T-1 to T-7 of integrated tunnel communication systems, including VHF Simplex System, CCTV System, PA system, and call points, among others.The project is expected to be completed on April 12, 2028.

BOM:542649BOM:543265NSE:RAILTELNSE:RVNL