Government company Rail Vikas Nigam Limited has received a big work order. This work has been received from the company South Eastern Railway. Rail Vikas Nigam Limited has emerged as the lowest bidder for the project worth Rs 88 crore.
What work needs to be done?
In the information given to the stock exchange, Rail Vikas Nigam Limited has told that it has got the work of supply, installation and commissioning of IP based video surveillance system in LHB coaches. The value of this work order excluding GST is Rs 87.56 crore. Let us tell you, this work order has to be completed in 10 months.
Subscription increased by more than 30 times, GMP showing profit of Rs 26
Last one year was not good in stock market
On Friday, shares of Rail Vikas Nigam Limited closed at the level of Rs 335.30 after falling 0.90 percent on BSE. The company’s share prices have declined by 18.42 percent in the last one year. During this period, the Sensex index has seen a rise of 8.47 percent. Let us tell you, 52 week high level of Rail Vikas Nigam Limited has been Rs 501.55 and 52 week low level has been Rs 295.25. The market cap of the company is Rs 69910 crore. The share prices of Rail Vikas Nigam Limited have seen a rise of 50 percent in two years and 336 percent in three years. At the same time, this stock has given a return of 962 percent in 5 years.
The company which was giving dividend of ₹ 625 in 2025 again took a big decision on Dividend.
The company is continuously paying dividends
This company last traded ex-dividend in 2025. Then eligible investors got a dividend of Rs 1.72 on one share. The company had given a dividend of Rs 2.11 per share in 2024. According to the shareholding of the September quarter, the promoter’s stake in the company was 72.84 percent. At the same time, the public then had 27.16 percent share.
