| Quarterly Financials | Sept 2017 | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
Revenue  | 3,347 | 1,971 | 1,858 | 3,170 | 3,507 | 2,930 | 3,828 | 3,773 | 4,327 | 2,967 | 3,264 | 3,866 | 5,999 | 4,080 | 4,138 | 5,271 | 6,663 | 4,897 | 5,210 | 5,337 | 5,994 | 5,861 | 5,235 | 5,047 | 7,037 | 4,338 | 5,136 | 4,893 | 6,666 | 4,146 |
| Expenses | 3,094 | 1,762 | 1,734 | 2,827 | 3,250 | 2,681 | 3,573 | 3,577 | 4,013 | 2,772 | 3,018 | 3,513 | 5,224 | 3,641 | 3,799 | 4,730 | 6,029 | 4,360 | 4,593 | 4,736 | 5,346 | 5,223 | 4,616 | 4,440 | 6,258 | 3,892 | 4,599 | 4,328 | 5,994 | 3,856 |
| EBITDA | 253 | 209 | 124 | 343 | 258 | 250 | 255 | 196 | 315 | 195 | 246 | 353 | 775 | 439 | 340 | 541 | 633 | 537 | 617 | 601 | 648 | 638 | 619 | 607 | 780 | 446 | 537 | 565 | 672 | 290 |
| Operating Profit % | 5 % | 5 % | 2 % | 6 % | 5 % | 6 % | 5 % | 3 % | 5 % | 5 % | 5 % | 6 % | 6 % | 6 % | 6 % | 6 % | 6 % | 6 % | 6 % | 6 % | 7 % | 6 % | 6 % | 5 % | 7 % | 4 % | 5 % | 5 % | 7 % | 1 % |
| Depreciation | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 8 | 8 | 5 | 4 | 5 | 5 | 5 | 4 | 7 | 6 | 5 | 6 | 6 | 6 | 6 | 5 | 4 | 7 | 7 | 7 | 9 | 9 |
| Interest | 20 | 11 | 9 | 9 | 22 | 17 | 9 | 7 | 8 | 8 | 7 | 6 | 319 | 134 | 6 | 144 | 146 | 157 | 131 | 147 | 146 | 146 | 133 | 139 | 150 | 137 | 141 | 145 | 117 | 108 |
| Profit Before Tax | 230 | 197 | 113 | 333 | 234 | 228 | 242 | 185 | 299 | 180 | 234 | 343 | 451 | 300 | 329 | 393 | 480 | 373 | 481 | 448 | 496 | 487 | 480 | 463 | 625 | 302 | 389 | 413 | 546 | 173 |
| Tax | -6 | 29 | 28 | 53 | 42 | 46 | 21 | 82 | 51 | 39 | 46 | 61 | 69 | 68 | 50 | 100 | 102 | 76 | 100 | 65 | 137 | 144 | 85 | 104 | 147 | 78 | 102 | 101 | 87 | 39 |
| Net Profit | 236 | 168 | 86 | 280 | 191 | 182 | 220 | 104 | 247 | 141 | 188 | 281 | 382 | 232 | 279 | 293 | 378 | 298 | 381 | 382 | 359 | 343 | 394 | 359 | 478 | 224 | 287 | 312 | 459 | 134 |
| EPS in ₹ | 1.13 | 0.81 | 0.41 | 1.34 | 0.92 | 0.87 | 1.06 | 0.50 | 1.19 | 0.68 | 0.90 | 1.35 | 1.83 | 1.11 | 1.34 | 1.41 | 1.81 | 1.43 | 1.83 | 1.83 | 1.72 | 1.65 | 1.89 | 1.72 | 2.29 | 1.07 | 1.38 | 1.49 | 2.20 | 0.65 |
Rail Vikas Nigam
Rail Vikas Nigam
329.45
-2.55
(-0.77%)
Key Fundamentals
Market Cap
68,795.20 Cr
EPS
6.15
PE Ratio
57.60
Dividend Yield
0.52 %
Industry
Construction 52 Week High
501.80
52 Week Low
301.60
PB Ratio
7.18
Debt to Equity
0.63
Sector
Civil Construction Analyst Rating and Forecast
- By Refinitiv from2 analysts
Actual
Company News
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Rail Vikas Nigam Wins Rs 144 Crore Railway Electrification Contract from South Central Railway
7 days ago
7 days agoRail Vikas Nigam Limited has emerged as the lowest bidder for a railway electrification project from South Central Railway. The contract involves design, supply, erection, testing and commissioning for overhead equipment upgradation from existing 1X25kV system to 2X25kV AT feeding system with feeder and earthing works in the Ramgundam-Kazipet section of Secunderabad Division. The project spans 92 RKM/276 TKM and is valued at Rs 144.45 crore including applicable taxes. The domestic contract has an execution timeline of 18 months. The company confirmed this work falls under its normal course of business and involves no related party transactions or promoter group interests.
Rail Vikas Nigam has emerged as the lowest bidder for a Western Railway contract valued at ₹40.42 crore. The contract covers two years of S&T (Signaling and Telecommunications) maintenance services.
Rail Vikas Nigam Limited has been selected as the lowest bidder for a Southern Railway project involving the design, supply, erection, testing and commissioning of traction sub-stations with power quality compensating equipment for the Jolarpettai Junction - Salem Junction section. The project includes Scott-Connected traction sub-stations, associated switching posts for 2x25 kV AT feeding system, and SCADA & Automatic Fault Locator systems for Salem Division of Southern Railway in connection with Mission 3000MT Loading Target. The company has informed stock exchanges that this work falls under its normal course of business.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
3,904.90 | #1 5,39,039.10 | 28.96 | #1 2,59,859.30 | 15.35 | #1 17,687 | 25.36 | 69.91 | |
329.45 | #2 68,795.20 | #10 57.60 | #4 20,922.80 | #9 -9.28 | #3 1,282 | #10 -39.97 | 40.28 | |
111.69 | 30,099.60 | 51.45 | 12,273.00 | 15.34 | 557 | 25.93 | 52.54 | |
43.52 | 26,203.20 | #1 4.02 | 8,031.50 | -2.08 | 6,481 | 44.64 | 57.03 | |
845.40 | 22,596.40 | 37.05 | 21,917.60 | 9.77 | 571 | 42.24 | 44.84 | |
1,250.80 | 21,546.40 | 30.63 | 22,378.30 | 13.65 | 567 | #1 154.59 | 47.76 | |
443.45 | 16,348.00 | 30.63 | 13,022.80 | -4.57 | 487 | 50.00 | 44.18 | |
169.82 | 15,936.10 | 23.91 | 11,131.00 | -13.52 | 728 | -26.74 | 43.59 | |
1,311.80 | 15,444.60 | 33.10 | 2,428.60 | #1 48.22 | 378 | 38.74 | 40.07 | |
799.65 | 13,783.40 | 33.48 | 9,152.60 | 17.86 | 373 | 36.93 | 51.25 |
Growth Rate
Revenue Growth
-9.28 %
Net Income Growth
-17.37 %
Cash Flow Change
-36.46 %
ROE
-24.69 %
ROCE
-14.73 %
EBITDA Margin (Avg.)
-7.72 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 16,603 | 22,817 | 8,866 | 8,284 | 12,089 | 12,395 | 14,221 | 20,066 | 18,344 | 19,577 | 20,482 |
| Fixed Assets | 375 | 350 | 8 | 249 | 279 | 305 | 292 | 380 | 355 | 367 | 1,027 |
| Current Assets | 14,928 | 20,777 | 5,901 | 4,529 | 8,143 | 8,516 | 9,985 | 14,738 | 9,045 | 9,735 | 11,667 |
| Capital Work in Progress | 298 | 489 | 13 | 21 | 11 | 25 | 53 | 1 | 1 | 94 | 0 |
| Investments | 0 | 0 | 1,094 | 1,231 | 1,586 | 1,588 | 1,730 | 1,810 | 1,904 | 2,381 | 2,559 |
| Other Assets | 15,930 | 21,979 | 7,751 | 6,783 | 10,212 | 10,476 | 12,145 | 17,875 | 16,084 | 16,735 | 16,895 |
| Total Liabilities | 16,603 | 22,817 | 8,866 | 8,284 | 12,089 | 12,395 | 14,221 | 20,066 | 18,344 | 19,577 | 20,482 |
| Current Liabilities | 10,644 | 16,345 | 2,857 | 1,677 | 4,454 | 2,697 | 2,509 | 7,103 | 4,443 | 4,568 | 5,652 |
| Non Current Liabilities | 2,942 | 3,181 | 2,446 | 2,683 | 3,239 | 4,578 | 6,076 | 6,638 | 6,655 | 6,287 | 5,259 |
| Total Equity | 3,017 | 3,291 | 3,563 | 3,924 | 4,396 | 5,119 | 5,636 | 6,325 | 7,246 | 8,722 | 9,571 |
| Reserve & Surplus | 932 | 1,203 | 1,478 | 1,839 | 2,311 | 3,034 | 3,551 | 4,240 | 5,161 | 6,637 | 7,486 |
| Share Capital | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 | 2,085 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -68 | 570 | -123 | -908 | -56 | -11 | 1,148 | 3,173 | -3,757 | 267 | 2,023 |
| Investing Activities | -29 | 100 | -25 | 36 | 320 | 124 | 313 | -1,432 | 1,355 | -1,402 | 1,629 |
| Operating Activities | 113 | 652 | 571 | -363 | -695 | -962 | 419 | 4,793 | -4,064 | 2,956 | 1,878 |
| Financing Activities | -152 | -182 | -668 | -581 | 319 | 827 | 416 | -189 | -1,048 | -1,287 | -1,484 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Jul 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 78.21 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 78.20 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % | 72.84 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 2.32 % | 0.00 % | 2.32 % | 3.13 % | 5.05 % | 5.10 % | 5.07 % | 4.89 % | 4.66 % |
| DIIs | 9.43 % | 9.27 % | 9.09 % | 8.62 % | 8.33 % | 8.30 % | 7.43 % | 6.45 % | 6.51 % | 5.76 % | 5.45 % | 5.83 % | 6.07 % | 6.18 % | 6.77 % | 6.33 % | 6.16 % | 6.21 % | 6.38 % | 6.40 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.01 % | 0.01 % | 0.01 % | 0.01 % |
| Public / Retail | 10.57 % | 10.84 % | 11.27 % | 11.26 % | 11.52 % | 11.43 % | 11.33 % | 11.64 % | 12.38 % | 13.14 % | 14.85 % | 17.50 % | 17.03 % | 17.27 % | 16.00 % | 14.78 % | 14.90 % | 14.94 % | 14.94 % | 15.13 % |
| Others | 1.79 % | 1.69 % | 1.44 % | 1.92 % | 1.95 % | 2.08 % | 3.04 % | 3.71 % | 2.91 % | 2.90 % | 6.86 % | 1.51 % | 4.05 % | 1.39 % | 1.26 % | 1.00 % | 0.99 % | 0.94 % | 0.94 % | 0.96 % |
| No of Share Holders | 3,66,354 | 3,10,866 | 4,37,074 | 5,31,174 | 5,63,523 | 5,79,899 | 5,66,880 | 6,60,435 | 7,20,323 | 8,86,922 | 9,53,483 | 13,41,100 | 13,97,700 | 18,44,550 | 20,74,710 | 22,96,190 | 23,17,900 | 23,71,570 | 22,90,740 | 22,79,950 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 0.89 | 1.14 | 1.58 | 1.83 | 2.13 | 2.11 | 1.72 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 6.95 | 3.92 | 4.83 | 2.73 | 0.84 | 0.6 | 0.52 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 09 Apr 2021 |  Dividend | ₹ 1.14 /share | 08 Apr 2021 | 27.75 | 29.45 |
| 02 Dec 2021 | Dividend | ₹ 0.44 /share | 30 Nov 2021 | 32.55 | 34.05 |
| 25 Mar 2022 | Dividend | ₹ 1.58 /share | 24 Mar 2022 | 32.80 | 34.90 |
| 23 Sept 2022 | Dividend | ₹ 0.25 /share | 22 Sept 2022 | 31.55 | 36.05 |
| 06 Apr 2023 | Dividend | ₹ 1.77 /share | 06 Apr 2023 | 64.70 | 75.21 |
| 21 Sept 2023 | Dividend | ₹ 0.36 /share | 20 Sept 2023 | 115.80 | 163.40 |
| 23 Sept 2024 | Dividend | ₹ 2.11 /share | 23 Sept 2024 | 280.25 | 544.25 |
| 30 Sept 2024 |  Annual General Meeting | NA | 30 Sept 2024 | 579.80 | 526.00 |
| 07 Nov 2024 |  Quarterly Result Announcement | NA | 07 Nov 2024 | 432.70 | 469.65 |
| 14 Feb 2025 | Quarterly Result Announcement | NA | 14 Feb 2025 | 407.25 | 378.95 |
| 21 May 2025 | Quarterly Result Announcement | NA | 21 May 2025 | 354.70 | 415.05 |
| 12 Aug 2025 | Quarterly Result Announcement | NA | 12 Aug 2025 | 345.05 | 342.55 |
| 21 Aug 2025 | Dividend | ₹ 1.72 /share | 21 Aug 2025 | 415.05 | 330.85 |
| 28 Aug 2025 | Annual General Meeting | NA | 28 Aug 2025 | 358.45 | 312.80 |
Announcements
Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From South Central Railway7 days ago
7 days agoCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 201810 days ago
10 days agoRail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From Western Railway- Normal Course Of Business Of The Company.Oct 03, 2025
Oct 03, 2025Announcement under Regulation 30 (LODR)-Change in ManagementOct 01, 2025
Oct 01, 2025Closure of Trading WindowSep 25, 2025
Sep 25, 2025Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From Southern Railway-Normal Course Of Business Of The Company.Sep 22, 2025
Sep 22, 2025Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From West Central Railway- Normal Course Of Business Of The Company.Sep 10, 2025
Sep 10, 2025Approval For Formation Of Wholly Owned Subsidiary Company From Department Of Investment And Public Asset Management (DIPAM) - Not Granted.Sep 08, 2025
Sep 08, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateSep 01, 2025
Sep 01, 2025Imposition Of Fine By NSE & BSE For The Quarter Ended 30Th June 2025.Aug 30, 2025
Aug 30, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 29, 2025
Aug 29, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateAug 29, 2025
Aug 29, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 29, 2025
Aug 29, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 29, 2025
Aug 29, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMAug 28, 2025
Aug 28, 2025Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsAug 27, 2025
Aug 27, 2025Reg. 34 (1) Annual Report.Aug 22, 2025
Aug 22, 2025Letter From Ministry Of Railways (Mor) Regarding The Post Of CMD RVNLAug 22, 2025
Aug 22, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderAug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 12, 2025
Aug 12, 2025Reshuffling Of Shareholding Pattern Of Kinet Railway Solutions Private Limited A Joint Venture Company Of Rail Vikas Nigam LimitedAug 12, 2025
Aug 12, 2025Unaudited Financial Results For The Quarter Ended 30.06.2025Aug 12, 2025
Aug 12, 2025Board Meeting Outcome for Outcome Of Board MeetingAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 07, 2025
Aug 07, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateAug 07, 2025
Aug 07, 2025Business Responsibility and Sustainability Reporting (BRSR)Aug 07, 2025
Aug 07, 2025Reg. 34 (1) Annual Report.Aug 07, 2025
Aug 07, 2025Notice Of 22Nd Annual General MeetingAug 06, 2025
Aug 06, 2025Board Meeting Intimation for The Unaudited Financial Results (Standalone & Consolidated) Of The Company For The Quarter Ended 30Th June 2025.Aug 04, 2025
Aug 04, 2025Record Date For The Purpose Of Final Dividend For FY 2024-25 Is 21-August-2025 .Jul 31, 2025
Jul 31, 2025Intimation For The 22Nd Annual General Meeting (AGM) Book Closure E-Voting And Fixation Of Record Date For Final Dividend For FY 2024-25.Jul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 25, 2025
Jul 25, 2025Rail Vikas Nigam Limited (RVNL) Signed Mou With Mr. Ashraf Gulam Mohmed Theba Oman.Jul 22, 2025
Jul 22, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJul 14, 2025
Jul 14, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderJul 11, 2025
Jul 11, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 09, 2025
Jul 09, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 08, 2025
Jul 08, 2025LOA Received From Southern Railway- Normal Course Of Business Of The CompanyJul 05, 2025
Jul 05, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 02, 2025
Jul 02, 2025Board Comments On Fine Levied By The Exchanges For The Quarter Ended 31St March 2025.Jul 02, 2025
Jul 02, 2025Rail Vikas Nigam Limited Emerges As The Lowest Bidder (L1) From South Central Railway- Normal Course Of Business Of The Company.Jun 27, 2025
Jun 27, 2025Closure of Trading WindowJun 23, 2025
Jun 23, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 20, 2025
Jun 20, 2025Intimation Regarding Change In The Senior Management- Re-DesignationJun 20, 2025
Jun 20, 2025Demand Notice Received From The Office Of The Deputy Commissioner Of State Tax Pune MaharashtraJun 20, 2025
Jun 20, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJun 18, 2025
Jun 18, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateJun 05, 2025
Jun 05, 2025Announcement under Regulation 30 (LODR)-Change in DirectorateMay 30, 2025
May 30, 2025Mutual Fund Holdings
Groww Nifty India Railways PSU Index Fund Direct-Growth 
Tata Nifty500 Multicap Infrastructure 50:30:20 Index Fund Direct-Growth 
Bandhan BSE India Sector Leaders Index Fund Direct-Growth 
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct - Growth 
HDFC Nifty LargeMidcap 250 Index Fund Direct-Growth 
Motilal Oswal Nifty Midcap 150 Index Fund Direct - Growth 
Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth 
SBI Nifty Midcap 150 Index Fund Direct - Growth 
ICICI Prudential Nifty Midcap 150 Index Fund Direct - Growth 
Kotak Nifty Midcap 150 Momentum 50 Index Fund Direct-Growth 
Aditya Birla Sun Life BSE India Infrastructure Index Fund Direct-Growth 
UTI Nifty Midsmallcap 400 Momentum Quality 100 Index Fund Direct-Growth 
Navi Nifty Midcap 150 Index Fund Direct - Growth 
Mirae Asset Nifty LargeMidcap 250 Index Fund Direct-Growth Technical Indicators
RSI(14)
Neutral 40.67
ATR(14)
Less Volatile 8.06
STOCH(9,6)
Oversold 13.63
STOCH RSI(14)
Oversold 8.13
MACD(12,26)
Bearish -1.79
ADX(14)
Weak Trend 16.16
UO(9)
Bearish 34.40
ROC(12)
Downtrend And Accelerating -4.80
WillR(14)
Oversold -94.66
About Rail Vikas Nigam
Rail Vikas Nigam Limited (RVNL) is a public sector enterprise incorporated in 2003 as a project executing agency for the Ministry of Railways. It implements various rail infrastructure projects including new lines, doubling, gauge conversion, railway electrification, metro projects, and major bridges. RVNL operates on a turnkey basis, managing projects from conceptualization to commissioning. The company has completed numerous projects across India, with 37 project implementation units established nationwide. RVNL's major client is Indian Railways, along with other central and state government entities. In 2019, RVNL was listed on the BSE and NSE through an IPO. The company has achieved significant milestones in project completion, including thousands of kilometers of doubling, gauge conversion, new lines, and railway electrification. RVNL has also made progress on hill rail projects and commissioned various facilities such as coach maintenance depots and metro sections. As of March 31, 2023, the Government of India holds a 72.84% stake in the company.
Listing Date
11 Apr, 2019(6 Years,
14 days)
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