Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Rail Vikas Nigam is in the business of executing all types of railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable-stayed bridges, institution buildings, etc.
The company’s consolidated net profit declined 19.73% to Rs 230.29 crore in Q2 FY26 compared with Rs 286.88 crore in Q2 FY25. Revenue from operations rose 5.22% YoY to Rs 5,122.98 crore in Q2 FY26.
Shares of Rail Vikas Nigam rose 0.02% to Rs 309.75 on the BSE.
The project supports Indian Railways’ Mission 3000 MT freight-loading agenda. RVNL said the work, to be executed over 540 days, falls under its normal business operations.
Shares of Rail Vikas Nigam rose 0.95% to Rs 314.65 on the BSE.
IT shares witnessed buying demand for second consecutive trading session.
At 10:25 IST, the barometer index, the S&P BSE Sensex, advanced 237.24 points or 0.28% to 85,3344.05. The Nifty 50 index jumped 73.85 points or 0.28% to 26,059.85.
In the broader market, the S&P BSE Mid-Cap index rose 0.30% and the S&P BSE Small-Cap index added 0.23%.
The market breadth was positive. On the BSE, 2,079 shares rose and 1,451 shares fell. A total of 224 shares were unchanged.
Buzzing Index:
The Nifty IT index jumped 1.91% to 38,397.90. The index surged 2.28% in the two consecutive trading sessions.
Coforge (up 2.05%), Mphasis (up 1.9%), Persistent Systems (up 1.8%), Tech Mahindra (up 1.77%), Tata Consultancy Services (up 1.77%) Oracle Financial Services Software (up 1.62%), Wipro (up 1.36%), HCL Technologies (up 1.25%), Infosys (up 0.8%) and LTIMindtree (up 0.61%) advanced.
Stocks in Spotlight;
Newgen Software Technologies added 1.31% after the company announced that it has secured a purchase order worth Rs 13.99 crore from Mercedes-Benz Financial Services India for a loan management system.
Rail Vikas Nigam (RVNL) added 1.40% after the company announced that it has received a letter of acceptance (LoA) worth Rs 145.35 crore from Southern Railway for a traction power project.
According to RVNL, work on the project is scheduled to commence within 30 days of the contract issue date and is expected to be completed within 180 days thereafter.
The company clarified that neither the promoter nor the promoter group has any interest in the awarding entity. The contract also does not fall under related-party transactions.
RVNL was declared the sole bidder for the project.
The scrip rose 0.12% to settle at Rs 324.30 on the BSE.
The contract is valued at Rs 180,77,92,324.55 including taxes and is expected to be completed within 24 months.
The scrip rose 0.46% to Rs 315.50 on the BSE.
On sequentially, the company’s consolidated net profit surged 71.18% and 31.06% rise in revenue.
Total expenses rose 5.99% to Rs 5,015 crore in Q2 FY26 as compared with Rs 4,731.52 crore in Q2 FY25. Expense of operation stood at Rs 4,767.02 crore (down 5.94% YoY) and Employee benefit expenses was at Rs 52.60 crore (up 15.98% YoY) during the period under review.
Profit before tax (PBT) for the quarter stood at Rs 342.39 crore in Q2 FY26, down 12.05% from Rs 389.31 crore reported in Q2 FY25.
On half-year basis, the company's net profit fell 28.57% to Rs 364.82 crore on 1.15% increase in revenue to Rs 9,031.75 crore in H1 FY26 over H1 FY25.
The counter rose 0.42% to Rs 319.05 on the BSE.
The said order will be executed within 18 months.
Meanwhile, the company’s board is scheduled to announce its unaudited financial results (standalone and consolidated) for the quarter and half year ended 30 September 2025 later today.
The company reported a 39.92% drop in consolidated net profit to Rs 134.53 crore in Q1 FY26, compared to Rs 223.92 crore posted in Q1 FY25. Revenue from operations declined 4.05% year-on-year (YoY) to Rs 3,908.77 crore for the quarter ended 30 June 2025.
The scrip shed 0.66% to end at Rs 315.95 on Monday, 10 November 2025.