Rvnl: Railway sector government company Rail Vikas Nigam Limited (RVNL) is currently in the news. On Monday, the company’s shares strengthened and the stock climbed about 2% to Intrade High of Rs 330. Why this enthusiasm of investors’ shopping suddenly increased? The reason is that the company got a big order as well as the declaration of dividend.
RVNL said that it has received an order of Rs 178.65 crore from IRCON International. This project is associated with railway signaling and communication systems.
Electronic interlocking (EI) systems will be installed at 10 new railway stations.
Intermediate block signaling (IBS) systems will also be installed on many important rail routes.
The project includes control system, train communication equipment, telephone exchange and EIMWB.
Also, the existing interlocking system will be updated and prepared according to new standards.
A target has been set to complete this project within 11 months.
The company has also announced that it is preparing to give dividend to its investors. For this, a record date has been set on 21 August 2025. If it is approved in AGM, then the amount of dividend will reach the shareholders within 30 days.
Only after the announcement of the order, the purchase in RVNL shares increased. Investors believe that this contract will further strengthen the financial position of the company and will also benefit the dividend.
Overall, RVNL is currently giving double advantage to investors- gift of big order + dividend. Now everyone’s eyes are on what height this stock touches in the coming days.
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