RVNL, Titagarh, Jupiter Wagons: Why railway stocks are rallying today
3 months, 2 weeks ago

RVNL, Titagarh, Jupiter Wagons: Why railway stocks are rallying today

India Today  

Shares of major railway companies surged on Wednesday, driven by renewed investor enthusiasm following key project approvals by the Union Cabinet. Indian Railway Catering and Tourism Corporation, Rail Vikas Nigam Limited, Titagarh Rail Systems, RailTel Corporation of India, Ircon International, Jupiter Wagons, and Indian Railway Finance Corporation all posted notable gains. Leading the charge, Jupiter Wagons saw its share price jump 11.82% to Rs 555.85 on the Bombay Stock Exchange by 11:12 am, while Titagarh Rail Systems climbed 8.13% to Rs 1,331.65. The primary catalyst behind the rally appears to be the Union Cabinet’s approval of three significant railway infrastructure projects worth Rs 7,927 crore.

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History of this topic

RVNL shares rise 4% as railway PSU bags Rs 555 crore project. Check details
1 week, 1 day ago

RVNL shares rise 4% as railway PSU bags Rs 555 crore project. Check details

India Today  

Rail Vikas Nigam Limited shares rose sharply on Friday in early trading hours after announcing that it had bagged a Rs 555 crore project. The railway PSU said the National Highway Authority of India has given it a Letter of Acceptance for the construction of 6-lane access-controlled connectivity project in Andhra Pradesh, under the hybrid annuity model. "It is hereby …

RVNL bags ₹156 crore project: Stock up 10% in 4 session on regular order wins
1 month ago

RVNL bags ₹156 crore project: Stock up 10% in 4 session on regular order wins

Live Mint  

Stock Market today: RVNL announced ₹156 crore project order win from South Western Railway. RVNL Stock is up almost 10% in 5 trading sessions on back to back order wins RVNL share price movement RVNL share price though opened at 367.45 on the BSE on Monday, slightly lower than its previous days closing price of ₹371.60 and markets were under …

Rail Vikas Nigam share price rises 13% post ₹554 crore order update
1 month, 1 week ago

Rail Vikas Nigam share price rises 13% post ₹554 crore order update

Live Mint  

Stock Market Today: Rail Vikas Nigam Ltd share price remain in focus on Wednesday and gained 13% in morning trades as the company announced having received Letter of Acceptance received from Rail Infrastructure Development Company Limited. The broad consideration for the order is ₹554.46 crore RVNL share price movement The Rail Vikas Nigam share price opened at ₹332.35 on the …

Railway stocks succumb to selling pressure for 2nd day post Budget; RVNL, IRFC, RailTel, down over 5-7%
1 month, 3 weeks ago

Railway stocks succumb to selling pressure for 2nd day post Budget; RVNL, IRFC, RailTel, down over 5-7%

Live Mint  

Shares of government-owned railway firms, including Rail Vikas Nigam, Indian Railway Finance Corporation, IRCON International, and RailTel Corporation fell by as much as 6% on Monday, February 3, as the downward trend in these stocks persisted following the Union Budget announcement on Saturday. Railway stocks experienced a significant rally following the announcement in the Economic Survey 2025 regarding substantial growth …

IRFC, RVNL to IRCTC: Why are Railway stocks rising after Economic Survey 2025?
1 month, 4 weeks ago

IRFC, RVNL to IRCTC: Why are Railway stocks rising after Economic Survey 2025?

Live Mint  

Economic Survey 2025: Shares of Railway stocks RVNL, IRCON, IRCTC, and BEML soared on Friday, January 31, in tandem with the broader markets after the Economic Survey 2025 announced massive expansion for Indian Railways in FY25. Indian Railway Finance Corporation also rose around 3 percent to its day's high of ₹152.50 "Railway stocks have risen since the Economic Survey of …

RVNL share price up 9% today. Why did multibagger railway stock gain?
2 months, 1 week ago

RVNL share price up 9% today. Why did multibagger railway stock gain?

India Today  

Shares of Rail Vikas Nigam Ltd climbed over 9% in early trading on January 16 after the company announced a significant order win from Bharat Sanchar Nigam Ltd. Shares of the company opened higher at Rs 388 and surged to an intraday high of Rs 406.10 in early trade. Additionally, the agreement includes a maintenance contract spanning 10 years, with …

RVNL share price gains 3% as it secures East Central Railways project worth ₹187 Crore
3 months, 3 weeks ago

RVNL share price gains 3% as it secures East Central Railways project worth ₹187 Crore

Live Mint  

Stock Market today: Rail Vikas Nigam Ltd share price gained more than 3% in the morning trades on Wednesday as it secured the ₹186.73 Crore East Central railway project Project details Rail Vikas Nigam Limited on Tuesday post market hours announced on the exchanges that it has received Letter of Acceptance from East Central Railway for “Design, Supply, Erection, Testing …

Railway stocks like RVNL, IRFC, and IRCON are rising today. Here's why
4 months ago

Railway stocks like RVNL, IRFC, and IRCON are rising today. Here's why

Hindustan Times  

Railway PSU stocks including Rail Vikas Nigam Ltd, RailTel Corporation of India, RITES Ltd, IRCON International Ltd, and Indian Railway Finance Corporation Ltd saw their share prices rising up to 10% on Monday, November 25, 2024. IRCON International Ltd saw a 7.5% share price uptick after Infomerics Valuation and Rating Private Limited, assigned credit ratings of IVR AAA/ Stable / …

IRFC, RVNL, IRCTC, IRCON: Why these railway stocks are gaining today
4 months, 1 week ago

IRFC, RVNL, IRCTC, IRCON: Why these railway stocks are gaining today

India Today  

Shares of railway sector stocks rose sharply on Tuesday, with Indian Railway Finance Corporation jumping over 5%, followed by significant gains in Rail Vikas Nigam Limited, IRCON International, and Indian Railway Catering and Ticketing Services. Shares of RVNL also surged sharply by around 3.5% to Rs 430.45 after receiving a letter of acceptance from South Central Railway worth Rs 294.4 …

Stock market crash: IRCTC, RVNL to IRFC — Railway stocks correct up to 45% from record highs. Opportunity to buy?
4 months, 2 weeks ago

Stock market crash: IRCTC, RVNL to IRFC — Railway stocks correct up to 45% from record highs. Opportunity to buy?

Live Mint  

Many quality stocks have been heavily beaten in the recent stock market crash. Among railway majors, Rail Vikas Nigam Limited or RVNL share price has corrected around 35 per cent from its record high of ₹622 apiece on the NSE. Batting in favour of railway stocks in a current market crash, Mahesh M Ojha, AVP — Research at Hensex Securities, …

Budget 2024: Railway stocks fall amid lack of major announcements by Sitharaman
1 year, 1 month ago

Budget 2024: Railway stocks fall amid lack of major announcements by Sitharaman

Live Mint  

Railway stocks witnessed a fall after Interim Budget 2024 announcements. While presenting the interim budget, Sitharaman revealed plans to extend metro rail and Namo Bharat to other cities, as well as to upgrade 40,000 regular bogies to Vande Bharat standards. Yet, according to Sanjay Moorjani, a research analyst at SAMCO Securities, the FM stated that over 40,000 additional rail bogies …

Top 4 railway stocks under ₹ 200 to add to your watchlist
1 year, 5 months ago

Top 4 railway stocks under ₹ 200 to add to your watchlist

Live Mint  

After a long time, the Indian Railways are executing projects better than ever. IRFC's strong balance sheet size with nil gross NPA, low overheads, and the Indian Railways' huge capex needs, bode well for the company's growth prospects over the long term. In the month of August 2023, Ircon International shares saw a spike after the company posted good numbers …

Rail Vikas Nigam gets Navratna status
1 year, 10 months ago

Rail Vikas Nigam gets Navratna status

Live Mint  

Rail Vikas Nigam Limited, a central public sector enterprise under the Ministry of Railways, has been granted Navratna Status, the Ministry of Railways said on Wednesday. RVNL was incorporated in 2003 with the objective of implementing rail infrastructure projects on a fast track basis and raising extra budgetary resources for SPV projects. With the grant of Navratna status, RVNL will …

This Indian Railways stock may rally over 45% as brokerage sees upside
2 years, 9 months ago

This Indian Railways stock may rally over 45% as brokerage sees upside

Live Mint  

Rail Vikas Nigam hosted call with investors and analysts for business update. The brokerage house has maintained its buy rating on RVNL shares with a target price of ₹42 apiece, implying a potential upside of about 45% from the current stock level. “RVNL has also entered into large number of MOUs including both public and private players including Tata, Mahanadi …

Rail Vikas Nigam (RVNL) shares hit upper circuit, surge 25% in 3 days
5 years, 11 months ago

Rail Vikas Nigam (RVNL) shares hit upper circuit, surge 25% in 3 days

Live Mint  

Shares of Rail Vikas Nigam or RVNL today closed at 20% upper circuit of ₹23.65, valuing the state-run company at nearly ₹5,000 crore. Including today’s gains, Rail Vikas Nigam shares are up 25% in three days after getting listed on Thursday. Rail Vikas Nigam is in the business of executing railway projects, including new lines, gauge conversion, railway electrification, metro …

Rail Vikas Nigam IPO opens today, analysts say issue fairly priced
6 years ago

Rail Vikas Nigam IPO opens today, analysts say issue fairly priced

Live Mint  

As initial public offer Rail Vikas Nigam Ltd opens for subscription on Friday, analysts said that valuation of the wholly owned government company is reasonable or fair. According to Centrum Broking Limited, at the higher end of the price band, the issue is priced at price to earnings of 7 times on FY18 and 7.8 times on first half of …

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