RVNL Share Price, Rail Vikas Nigam Ltd Share Price: Shares of Rail Vikas Nigam Ltd (RVNL) surged over 15 per cent on Tuesday - a day after the Railway PSU won an order worth Rs 148,26,89,066.54 from South-Eastern Railways. The counter opened at Rs 304.74, with a gain of Rs 5.09 against the previous close of Rs 299.65 on the BSE. But it soon gained around 15.37 per cent to touch day's high of Rs 345.70 - which is also the 52-week high of the stock. The shares of RVNL, which has market cap of Rs 70,765.58 crore, have a 52-week low of Rs 110.50.

RVNL Share Price History

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RVNL is one of the multibaggers PSU stocks that have give a return of over 1000 per cent in three years. The scrip has gained over 967 per cent in two years and 192 per cent in one year. So far this year, the shares of RVNL are already up by around 86 per cent.

RVNL Q4 Results 

The consolidated revenue of Rail Vikas Nigam Limited for the January-March quarter stood at Rs 6,714 crore with a jump of 17.4 per cent. The railway firm's EBITDA increased by 21.8 per cent to Rs 456 crore.

While its profit after tax (PAT) increased by 33.2 per cent to Rs 478.6 crore, margin jumped from 6.6 per cent to 6.8 per cent.

RVNL has declared a dividend of 21.10 per cent i.e. Rs 2.11 per share on the face value of Rs 10. 

RVNL Order

The company has informed exchanges that it had received an order from SER Headquarters-Electricity/South Eastern Railway.

The order comprises design, supply, fabrication, testing and commissioning MT for upgradation of electric traction system from 1x25 KV to 2x25 KV traction system for Kharagpur (Exclusive) – Bhadrak (Exclusive) section of Kharagpur Division of South Eastern Railway.

The order, worth over Rs 148 crore, is to be executed within 18 months.