CE-MAT 2025

RVNL shares edges High as company establishes subsidiary in Andhra Pradesh

Currently, the shares of RVNL are trading higher by 5.47 percent at Rs 432.00. The stock opened at Rs 417.00 while reaching an intraday trading at Rs 438.90.

RVNL shares edges High as company establishes subsidiary in Andhra Pradesh

The Shares of the Railway PSU, Rail Vikas Nigam Ltd, surged by 5.47 percent after the Formation of a Wholly Owned Subsidiary Company in Andhra Pradesh.

The subsidiary was incorporated on 15.05.2025.

According to the filing, it is hereby informed that Rail Vikas Nigam Limited (RVNL) has incorporated a Wholly Owned Subsidiary Company, “SABBAVARAM SHEELA NAGAR ROAD DEVELOPMENT LIMITED” in Andhra Pradesh.

Currently, the shares of RVNL are trading higher by 5.47 percent at Rs 432.00. The stock opened at Rs 417.00 while reaching an intraday trading at Rs 438.90.

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