By Admin 
Rail vikas nigam ltd: Rail Development Corporation Limited (RVNL) said on Thursday (August 14) that it had received an order of Rs 178.64 crore for signaling and telecommunications works from IRCON International Limited (IRCON).
What to do work?
Under this project, RVNL has to handle signaling and telecommunications in 10 stations like Surkachar, Block Cabin, Katghora Road, Bhingra, Putuva, Matin, Sendurgarh, Putipakhana, Dhangawan and Bhadi. Apart from this, Electronic In-Motion Webridge (EIMWB) has to be supplied, installation and testing work, as well as Centralized Electronic Interlocking (EI) should also be commissioned. Six new intermediate block signaling (IBS) system is also to be installed in some sexes between Bhingra and Pendra Road.
Share rose to investors
This multibagger stock has also made investors fiercely profits. In the last five years, its stocks have gained 1363 percent and 947 percent in three years. That is, during this time, a stock of Rs 22.15 has now crossed Rs 324. On Thursday, Rail Vikas Nigam Limited’s shares on BSE closed at Rs 324.20 with a decline of 2.05 or 0.63 percent.
The high level of 52 weeks of this Navratna company shares is Rs 619.40, while a low level of 52 weeks is Rs 295.25. If someone had invested Rs 1 lakh in the company’s stock five years ago and remains with it during this time, then today the stocks purchased for the same 1 lakh rupees would have been priced at Rs 14.63 lakh.
The company’s first quarter results
Recently, RVNL announced the result of the first quarter of 2025-26 business year. During this time, there was a decline of 40 percent in profits. However, it is expected that the revenue of FY2 26 will cross the level of FY 25, but due to rain in the monsoon, there are challenges in settling the order quickly. In view of RNVL’s recent financial performance, antique stock broking has rated its stock ‘Sell’. Also, the target price has also been reduced from Rs 216 to Rs 204.