RVNL Rallies on Bagging Rs 404-Cr Order From East Coast Railway

02 Jan 2025 CW Team

Rail Vikas Nigam Limited (RVNL) surged 3.68% to Rs 424.15 after being named the 'lowest bidder' (L1) for a Rs 404.40 crore project by East Coast Railway. The project involves the construction of 27 major bridges, earthworks for approaches, protection works, and other associated tasks between Tikiri and Bhalumaska stations for the Koraput-Singapur road doubling project under the Waltair Division of East Coast Railway. The project is scheduled for completion in 30 months.

Additionally, RVNL has also emerged as the lowest bidder (L1) for a Rs 137.16 crore contract with Central Railway for designing and supplying the traction system for the Bhusaval-Khandawa sections of the Central Railway. This project is expected to be completed in 24 months.

Rail Vikas Nigam is a major player in executing various railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, and the construction of cable-stayed bridges.

RVNL recently reported a 27.26% decline in consolidated net profit to Rs 286.89 crore, with a slight 1.20% drop in revenue from operations, which stood at Rs 4,854.95 crore in Q2 FY25 compared to Q2 FY24.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..