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Stocks to buy today: Trade Brains Portal recommends two stocks for 17 July
Stocks to buy today: Trade Brains Portal recommends two stocks for 17 July

Mint

time8 hours ago

  • Business
  • Mint

Stocks to buy today: Trade Brains Portal recommends two stocks for 17 July

Today, we recommend two stocks, one from the automobile and ancillaries sector and another from the railways sector. The automobile and ancillaries sector is crucial for India's economy, contributing significantly to GDP, manufacturing output, and employment. The railway finance sector plays a crucial role in India's economy, as it raises money so that railroads can upgrade and grow their networks, increase operational effectiveness, and improve connectivity overall. We also analyze the market's performance on Wednesday to understand what may lie ahead for the stock indices in the coming days. Stocks to trade today, recommended by Trade Brains Portal for 17 July: Indian Railway Finance Corp. Ltd Current price: ₹135 Target price: ₹175 in 16-24 months Stop loss: ₹110 Why it's recommended: The ministry of railways has administrative authority for IRFC, a navratna public sector enterprise that was founded in 1986. Its primary responsibility is to raise money from the financial markets in order to finance the development or purchase of assets, which are then leased to Indian Railways. A number of other organizations in the industry, such as Rail Vikas Nigam Ltd (RVNL), RailTel, Konkan Railway Corp. Ltd (KRCL), and Pipavav Railway Corp. Ltd (PRCL), have received financial support from IRFC in addition to the railways. The company's assets under management (AUM) were valued at ₹4.6 trillion as of 31 March 2025. IRFC's net interest income increased by 2.2% from ₹6,429 crore in 2023-24 to ₹6,569 crore in 2024-25. Additionally, its net interest margin improved somewhat, going from 1.38% to 1.42% over the prior year. IRFC approved ₹5,700 crore in loans for the fiscal year, including ₹700 crore for NTPC and ₹5,000 crore for NTPC Renewable Energy Ltd. Additionally, the company became the first bidder for ₹3,167 crore in funding for the construction of the Banhardih Coal Block in Jharkhand's Latehar district, and it signed a rupee term loan arrangement for ₹5,000 crore with NTPC REL. The department of public enterprises granted the firm navratna status in 2024-25, and it hopes to soon obtain maharatna status. Additionally, under Indian Railways' General Purpose Waggon Investment Scheme (GPWIS), the IRFC board authorized funding to NTPC for 20 BOBR rakes on a finance lease basis up to ₹700 crore. In January 2025, a leasing agreement was also struck with NTPC Ltd for eight BOBR rakes, which were valued at over ₹250 crore. Additionally, IRFC and REMCL have signed a memorandum of understanding to jointly investigate financing alternatives for Indian Railways' renewable energy projects, including possible financing in the nuclear, thermal, and renewable energy domains. Risk factor: The ministry of railways and its affiliates account for the entirety of IRFC's loan book. As of 31 March 2025, 37% consisted of advances for leased railway assets, 62% consisted of lease receivables from the ministry, and 1% consisted of loans to organizations such as NTPC and RVNL. The company is susceptible to changes in finance or policy because its expansion is directly linked to the ministry's investment plans for Indian Railways. Furthermore, IRFC is vulnerable to interest rate swings and shifts in investor sentiment due to its reliance on market borrowings. Sona Blw Precision Forgings Ltd Current price: ₹456 Target price: ₹550 in 16-24 months Stop loss: ₹405 Why it's recommended: One of the top mobility technology firms in the world, Sona BLW Precision Forgings Ltd (Sona Comstar) was founded in 1995. It designs, manufactures, and supplies systems and components for global mobility OEMs in both electrified and non-electrified powertrain segments. The company has three engineering competency centres, five R&D centres, and twelve manufacturing units. India, the US, China, Serbia, and Mexico are among the five nations where it is present. North America accounts for 41% of the company's revenue, followed by India (29%), Europe (24%), Asia (6%), and the rest of the world (0.3%). Globally, Sona BLW holds an 8% market share in differential gears and a 5% market share in starter motors. In 2024-25, the company reported revenue from operations of ₹3,546 crore, an increase of 11.3% from ₹3,185 crore in the previous year. Ebitda stood at ₹975 crore with a 27.5% Ebitda margin. Profit after tax increased by 16% to ₹600 crore from ₹518 crore in the previous year. Segment-wise revenue share from BEV rose from 29% to 36% in 2024-25. In 2024-25, the firm increased its global market share for starter motors from 4.2% to 4.4% and differential gears from 8.1% in CY2023 to 8.8% in CY2024. The company's net order book increased to ₹24,200 crore after securing orders totalling ₹4,700 crore. For an enterprise value of ₹1,600 crore, the business signed a Business Transfer Agreement (BTA) with Escorts Kubota Ltd (Escorts) in 2024-25 to acquire its railway business. The deal was finalized on 1 June 2025. To collaborate on connected, autonomous, and electric technologies for AGVs, drones, and eVTOLs, the company has inked a memorandum of understanding (MOU) with the NMICPS Technology Innovation Hub on Autonomous Navigation Foundation at IIT Hyderabad (TIHAN-IITH) at CES 2025 in Las Vegas, USA. Through the production-linked incentive (PLI) scheme for the automobile and auto component industry in India, the company has obtained certification for another product, namely the hub wheel motor for electric two-wheelers. Risk factor: Changes in commodity prices could have a significant effect on the company's manufacturing costs. Even while there are mechanisms in place to monitor and manage market risks, it is not always possible to fully predict, hedge, or lessen the impact of price volatility on the overall profitability of the business through cost pass-throughs or operational enhancements. Market update The Nifty 50 opened flat at the start of the day, opening at 25,196.60, marginally up by 0.8 points from the closing price of 25,195.8 of the previous day. The index gained 16.25 points, or 0.06%, on Wednesday, with a day-high of 25,255.30 in the morning and closing at 25,212.05. The RSI was at 51.05, far below the overbought zone of 70, and the Nifty 50 closed below the 20-day EMA. But it closed above all three of the 50/100/200-day EMAs on the daily chart. Sensex concluded the day at 82,634.48, up 63.57 points, or 0.08%, with an RSI of 50.25. A dismal start to the earnings season and conflicting global cues are leaving investors confused, which eventually creates uncertainty and volatility in the market. Many major indices were in green on Wednesday. The Nifty PSU Bank Index, which closed at 7,267.20, up 128.85 points, or 1.81%, was among the top gainers. The index was boosted by stocks such as Punjab National Bank, which surged 2.43%; Punjab & Sind Bank, which grew 2.05%; and Bank of Baroda, which jumped 1.95% on Wednesday. Additionally, the Nifty Media Index gained 22.75 points, or 1.31%, to close at 1,758.60. The top gainer of this index was Network 18 Media, which jumped 13.34% after the results announcement that it turned profitable in Q1FY26. Hathaway Cable also jumped 6.35% due to good results in Q1FY26. The Nifty IT Index, which closed at 37,660.70, up 236.10 points, or 0.63%, was also among the top gainers. The index was increased by stocks such as Wipro, Tech Mahindra, and LTI Mindtree, which grew by more than 1.5% on Wednesday. The Nifty Metal Index, however, fell 51.25 points, or 0.54%, and closed at 9,360.70. The index declined as a result of heavyweights such as Jindal Stainless Ltd, Jindal Steel & Power, National Aluminium Co., and Tata Steel Ltd tumbling more than 1%. Another significant loser was the Nifty Healthcare Index, which closed at 14,737.25, down -50.40 points or -0.34%. Asian markets showed a bearish trend on Wednesday. Hong Kong's Hang Seng declined -72.36 points, or -0.30%, to 24,517.76. The Kospi in South Korea closed at 3,186.38, down by -0.91% or -28.90 points. Japan's Nikkei 225 tumbled by -14.62 points, or -0.04%, settling at 39,663.40. Shanghai's Composite Index closed the day marginally lower at 3,503.78, down -1.22 points, or -0.03%. At 5:33pm, Dow Jones Futures were up 93.04 points, or 0.22%, on the US stock exchange at 44,120.77. Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.

Work on Purple Line's Kidderpore station starts
Work on Purple Line's Kidderpore station starts

Time of India

time10 hours ago

  • Business
  • Time of India

Work on Purple Line's Kidderpore station starts

1 2 Kolkata: The two-year impasse over permission to use land inside the Kolkata Armed Police property have been resolved with the agencies conducting inspections of the Alipore Bodyguard Lines on Wednesday to start the pre-construction work for the Purple Line's Kidderpore station. Around 800 square metres inside the police lines are needed mainly to widen Diamond Harbour Road, below which the corridor's first underground station will be constructed. On June 26, Metro Railway overcame the Kidderpore station hurdle with the KMC issuing an NOC for land use inside Alipore Bodyguard Lines. Wednesday's inspection by Rail Vikas Nigam Ltd (RVNL), the implementing agency of the 14km Joka-Esplanade project, and Kolkata Police, related to chalking out the basic work plan inisde the police barracks. RVNL engineers, in consultation with officials of Kolkata Armed Police, custodians of these barracks at Ekbalpore, marked out an 837 square metre area inside Bodyguard Lines and identified the structures to be relocated to free up the land. "The final design of the station will be based on the Bodyguard Lines land use," an official said. Apart from widening a 380-metre stretch of DH Road by 5 metres along the western flank, the land will also be used to build a ventilation shaft, the metro station's accesses and the relocation of utilities lying below arterial DH Road. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Co-live Spaces Starting from 42L+ | Whitefield Sumadhura Learn More Undo As per conditions laid by the state govt, certain sections of the 380-metre stretch between Ekbalpore and St Thomas' School (from where the underground tunnelling starts) will be widened temporarily. "The original boundary in certain sections will be restored once the Kidderpore station construction is over," an official said. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata RVNL has listed the infringing structures, which include some godowns, an underground reservoir, water supply lines, a temple and a PWD office. While RVNL will shift the godowns and the temple, PWD will shift its office. RVNL has paid KMC Rs 45 crore to relocate the sewer lines between Mominpore and Kidderpore. Therefore, the civic body will be relaying the sewer lines below the land available inside Bodyguard Lines. The Purple Line — with extension plans of 1.6 km to Eden Gardens in the north and 1.2 km to IIM-Calcutta on the southern fringes and the crucial interchange with the Blue Line (North-South Metro) at Esplanade — promises to emerge as a lifeline for the people of Behala and beyond. Without access to Bodyguard Lines all this time, the project ran into severe crisis even as work for the 5km underground section and the other three underground stations (Victoria, Park Street, and Esplanade) was in full swing.

Rs 4470000000: This Indian company hits JACKPOT, gets big contract from Delhi metro for..., company is...
Rs 4470000000: This Indian company hits JACKPOT, gets big contract from Delhi metro for..., company is...

India.com

time2 days ago

  • Business
  • India.com

Rs 4470000000: This Indian company hits JACKPOT, gets big contract from Delhi metro for..., company is...

Rs 4470000000: This Indian company hits JACKPOT, gets big contract from Delhi metro for..., company is... RVNL Share Price: In a major development, Rail Vikas Nigam Limited has signed a significant deal with the Delhi Metro Rail Corporation. As per the Rs 447 crore contract, RVNL will complete the work of designing a 7.29 km long bridge and constructing 7 metro stations within 36 months. This is the third big contract for the state-owned company in 10 days. Earlier, RVNL had received contracts worth Rs 800 crore during the same period. The company secured this contract under Delhi MRTS Phase-4, whose total value is Rs 447.42 crore. Notably, after South Railway and South Central Railway, RVNL has received a major contract from the Delhi Metro Rail Corporation (DMRC). What Is The Deal Made Between RVNL And DMRC? According to the Letter of Acceptance (LoA), RVNL has to complete the designing and construction work of 7.29 km long bridge for DMRC in 36 months. The contract also includes the construction of seven stations, namely – Pushp Vihar, Pushp Bhawan, Saket District Court, Chirag Delhi, GK-1, Andrews Ganj and Lajpat Nagar Metro. With back-to-back major contracts, the RVNL shares are expected to rise further in the coming days. Which Contracts Did RVNL Receive In 10 Days? On July 5, RVNL received its first big contract of Rs 143 crore from South Railway. After that South Central Railway awarded the state-owned company with Rs 213 crore contract on July 11. The third major contract was signed with DMRC, worth Rs 447 crore. The total value of these three contracts is over Rs 803 crore.

RVNL rises 2% after bagging ₹447-crore order from Delhi Metro Rail
RVNL rises 2% after bagging ₹447-crore order from Delhi Metro Rail

Business Standard

time2 days ago

  • Business
  • Business Standard

RVNL rises 2% after bagging ₹447-crore order from Delhi Metro Rail

Rail Vikas Nigam Ltd (RVNL) shares advanced 2.3 per cent on Tuesday, registering an intraday high at ₹391.4 per share after the company received a letter of acceptance (LoA) from Delhi Metro Rail Corporation. At 9:35 AM, RVNL share price was trading higher by 1.09 per cent at ₹386.5 per share on the BSE. In comparison, the BSE Sensex was up 0.16 per cent at 82,388.29. The company's market capitalisation stood at ₹80,804.95 crore. The 52-week high of the stock was at ₹647 per share and the 52-week low of the stock was at ₹295.25 per share. RVNL bags ₹447-crore order Rail Vikas Nigam, on Monday, after market hours, informed that it has bagged an order from Delhi Metro Rail Corporation. The project cost is ₹447,42,48,757.33 (inclusive of 18 per cent GST). Under the contract, RVNL will design and construct a 7.3 km viaduct and platform structures for seven stations under the Delhi Metro Phase IV project – Saket G Block to Lajpat Nagar corridor. The length of the project is 7.298 km (from chainage 1,202.782 m to 8,501.25 m). Stations include: Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1 (Greater Kailash-1), Andrews Ganj and Lajpat Nagar. "It is hereby informed that Rail Vikas Nigam Limited has received LOA from Delhi Metro Rail Corporation Limited for 'Contract D2C-02: "Part Design and Construction of viaduct of length 7.298 kms. from Chainage 1202.782 M to Chainage 8501.25 M including seven (07) stations (only platforms) namely Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj And Lajpat Nagar including Pre-Engineered Building Structure in all stations of Lajpat Nagar to Saket G block corridor of Delhi MRTS Phase-IV Project," the filing read. Other than this, in June, RVNL also emerged as the lowest bidder (L1) for a project awarded by South Central Railway, according to an exchange filing. The ₹213.2 crore project involved the design, supply, erection, testing, and commissioning for the upgradation of the overhead electrification (OHE) system from 1X25kV to 2X25kV. This includes feeder and earthing works in the Duvvada–Rajahmundry and Samalkot–Kakinada Port sections of the Vijayawada Division, covering a total of 195.5 RKM/391 TKM. About RVNL RVNL specialises in the construction of rail infrastructure projects across the country. The company is actively involved in the development and implementation of various railway projects, including new lines, doubling, gauge conversion, railway electrification, workshops, metro projects, bridges, construction of cable-stayed bridges, and institutional buildings.

Top stocks in focus on July 15; Tata Technologies, HCL Tech, RVNL, AstraZeneca Pharma, RailTel and more
Top stocks in focus on July 15; Tata Technologies, HCL Tech, RVNL, AstraZeneca Pharma, RailTel and more

Business Upturn

time2 days ago

  • Business
  • Business Upturn

Top stocks in focus on July 15; Tata Technologies, HCL Tech, RVNL, AstraZeneca Pharma, RailTel and more

By Aman Shukla Published on July 15, 2025, 08:10 IST Indian markets extended their losing streak for the fourth day on Monday. he Nifty 50 slipped 67.55 points to close at 25,082.30, while the Sensex fell 247.01 points to end at 82,253.46. Here's a look at notable stocks in focus today: Stocks to Watch – July 15, 2025 RVNL – Received ₹447 crore order from Delhi Metro for Phase-IV viaduct construction. Best Agrolife – CFO highlights patent wins and branded business growth to aid margins. Sun Pharma – Launched LEQSELVI in the U.S. for treating severe alopecia areata. AstraZeneca Pharma – Received CDSCO approval to market Durvalumab for additional use in India. Tara Chand Infra – Won ₹81.51 crore consignment and handling contract from SAIL. Kranti Industries – Cleared to begin commercial production of gearbox housings for Bonfiglioli. Aarvi Encon – Received a new work order from a leading Indian infrastructure company. Yatharth Hospital – Opened a new facility in Model Town, Delhi on July 14. GG Automotive – Q1 net profit rose to ₹2.6 crore; revenue at ₹28 crore vs ₹25.32 crore YoY. Unicommerce – Partnered with Sennheiser to improve online sales and reduce cart abandonment. RailTel – Received ₹264.07 crore order from East Central Railway for Kavach deployment. Fischer Medical Ventures – Collaborating with Indonesia's Jember on AI-based X-ray systems for TB care. Namo eWaste – Launched lithium-ion battery recycling plant in Nashik, Maharashtra. Den Networks – Q1 profit at ₹53.6 crore vs ₹43.3 crore; revenue dipped slightly YoY. Rallis India – Q1 profit surged to ₹95 crore; revenue up to ₹960 crore vs ₹783 crore YoY. Power Mech Projects – Bagged two new orders worth over ₹550 crore from SJVN and Jhabua Power. Deepak Fertilizers – Signed regasification agreement with Petronet LNG. Sambhav Steel – Reported 47% YoY growth in value-added product volumes to 79,717 tonnes. HCL Tech – Revenue and EBIT largely in line with expectations. Tata Technologies – Posted higher-than-expected Q1 profit and revenue. Brigade Enterprises – To raise up to ₹1,500 crore via private placement of NCDs. Bandhan Bank – Appointed Biju E Punnachalil as Chief Risk Officer for a 3-year term. Karnataka Bank – Raghavendra S Bhat named new MD & CEO, effective July 16. KEC International – Record date set as July 25 for ₹5.50 per share final dividend. Fortis Healthcare – Record date of July 25 for ₹1 per share final dividend. Hawkins Cookers – Set July 30 as record date for dividend payment. BPCL – Appointed Subhankar Sen as Director (Marketing). Nilkamal – Signed agreements to acquire healthcare furniture business from Imedfurns. ONGC – Named Om Prakash Sinha as Director (Exploration). Dhampur Sugar Mills – Issued commercial papers worth ₹100 crore. MTNL – CMD charge for Robert J Ravi extended by another three months. Valor Estate – Appointed Rahul Pandit as CEO and Ajit Jain as CFO at Advent Hotels. Oberoi Realty – ₹919 crore resolution plan for Hotel Horizon approved. LIC – Appointed R Doraiswamy as CEO & Managing Director. JP Power – Circuit filter revised from 20% to 10%. Raymond Realty, Globe Civil – Circuit filters changed from 5% to 20%. Aditya Birla Real Estate – Goes ex-dividend today; ₹2 per share. NELCO – Posted YoY drop in profit to ₹1.8 crore vs ₹4.56 crore; revenue steady. Tejas Networks – Reported net loss of ₹190 crore; revenue dropped sharply YoY. Shiva Mills – Long-term bank rating downgraded to CARE BBB; Stable. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash AstraZeneca PharmaHCL TechRailTelRVNLtata technologies Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

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