RVNL shares in focus after establishing new subsidiary in Saudi Arabia
Rail Vikas Nigam Limited (RVNL) shares will be in focus on Tuesday after the company announced the establishment of a wholly-owned subsidiary in Saudi Arabia, expanding its presence in the Middle East. “Rail Vikas Nigam Limited (RVNL) has incorporated a wholly owned subsidiary company βCOMPANY RAIL VIKAS NIGAM LTD. (ONE PARTNER)β in Saudi Arabia on…
READ MORE
RVNL shares fall over 4% after Q1 profit declines 35% YoY
Shares Rail Vikas Nigam (RVNL) fell 4.5% to Rs 514 in Friday’s trade on BSE after the State-owned firm posted a 35% year-on-year (YoY) decline in its consolidated net profit at Rs 224 crore for the first quarter ended June 2024. The same stood at Rs 343 crore in the last year quarter. Its revenue…
READ MORE