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In the IPO, RVNL offered a 12% stake with a price range set at ₹17 to ₹19 per share. The response to the IPO was positive, with it being oversubscribed by 1.78 times by the time it closed on 3 April, resulting in an impressive earning of ₹481 crore (approximately US$60 million).
To implement NRVY, RVNL was incorporated as an 100% owned PSU of Ministry of Railways (MoR) on 24-1-2003 with the twin objectives of raising extra-budgetary resources and implementation of projects relating to creation and augmentation of capacity of rail infrastructure on fast track basis. RVNL became fully functional by March 2005.
May 27, 2024 · In Monday's trading on the BSE, shares of Rail Vikas Nigam (RVNL) surged 8%, reaching a new 52-week high of Rs 399.7. This increase followed the company's success in securing the lowest bid for a project by the Maharashtra Metro Rail Corporation (Nagpur Metro).
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Get Rail Vikas Nigam Ltd. live share price, historical charts, volume, market capitalisation, market performance, reports and other company details. ... RVNL's order ...
Stock analysis for Rail Vikas Nigam Ltd (RVNL:Natl India) including stock price, stock chart, company news, key statistics, fundamentals and company profile.
Jun 10, 2024 · RVNL share price history. RVNL's stock has given a multi-bagger return of over 200 per cent in the last 12 months (from June 12, 2023). In comparison, the headline index Nifty 50 has rallied nearly 26 per cent. For all other news related to business, politics, tech and auto, visit Zeebiz.com. Get Latest Business News, Stock Market Updates and ...
