Download Unicorn Signals App

By EquityPandit

EquityPandit

EquityPandit
MARKETS

Rail Vikas Nigam Share Gains for Winning Multiple Orders from NHAI

Kona Expressway may have a 6-lane elevated corridor by 2026.

Shares of Rail Vikas Nigam rose more than 4% in morning trade on April 3, winning multiple orders worth Rs 721 crore.

Rail Vikas Nigam has received the Letter of Acceptance (LoA) from the National Highways Authority of India (NHAI) to construct the six-lane elevated Kona Expressway in West Bengal on an EPC basis.

The order is worth Rs 720.67 crore and will be executed within 910 days.

The company’s joint venture has also secured an LoA from the Ministry of Railways for the manufacture and maintenance of Vande Bharat trainsets, including upgrading government manufacturing units and trainset stations.

The total quantity is 120 columns, costing Rs 120 crore per column. The company holds 25% of the shares and will be completed within 82 months.

In addition, a consortium (RVNL and Tracks & Towers Infratech) received an LoA from NHAI for the “Construction of the 6-lane Greenfield Varanasi-Ranchi-Kolkata Expressway with NH-22 at the junction of Sonepurbigha Village near Chatra, under Bharatmala Pariyojana, Jharkhand State Hybrid annuity model.

The project cost is Rs 1,271.98 crore, and RVNL’s share is 49%.

At 9:25 am, Rail Vikas Nigam quoted Rs 71.08, up Rs 2.48 or 3.62% on the BSE.

The stock hit a 52-week high of Rs 84.15 and a 52-week low of Rs 29 on November 29, 2022, and June 21, 2022, respectively. Currently, it is trading 15.53% below its 52-week high and 145.1% above its 52-week low.

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.
WORLD

India, Chile Strengthen Ties with Focus on Critical Minerals & Defence

Dhruva Kulkarni

India and Chile have agreed to launch talks on a comprehensive economic partnership to strengthen bilateral trade.

Prime Minister Narendra Modi and Chilean President Gabriel Boric Font met in New Delhi on 1st April to discuss trade, defence, critical minerals, and health, with Chile as a key Latin American partner for India.

You May Find This Interesting

Both leaders agreed to begin negotiations for a trade pact to expand investment opportunities and economic ties. Collaboration on critical minerals will focus on building resilient supply and value chains, while defence cooperation will include industrial manufacturing and supply networks tailored to mutual needs.

Additionally, both nations will work together on security challenges, including organised crime and terrorism, while simplifying visa procedures to promote student exchanges.

Got Stock-Related Questions? The Analyst is Ready.

Ready to invest like a pro? Unicorn Signals app equips you with 100+ Free tools and knowledge you need to succeed. Download the Unicorn Signals app and gain access to daily stock lists and insightful market analysis and much more!

WORLD

China’s Private Factory Output Beats Forecasts Despite Trump Tariffs

Dhruva Kulkarni

China’s manufacturing activity grew at its fastest pace in four months, defying expectations ahead of Trump’s planned tariff hikes on exports to the US.  

The Caixin manufacturing PMI rose to 51.2 in March from 50.8 in February, surpassing forecasts and indicating expansion.  

Supply and demand improved, and exports grew, but the job market remained weak, and deflationary pressures persisted.

You Might Be Interested In

The private survey focused on small and export-driven firms and showed stronger results than the official poll.  

Despite US tariffs, China’s manufacturing sector displayed resilience, with new export sales rising at the fastest pace in nearly a year.  

Trump’s administration plans new reciprocal tariffs on 2nd April, with China warning of retaliation, adding to trade uncertainty.

Got Stock-Related Questions? The Analyst is Ready.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

WORLD

German Retail Sales Climb, But Import Costs Weigh on Outlook

Dhruva Kulkarni

German retail sales rose 0.8% in February, surpassing analyst expectations of 0.2%, but increasing import prices pose inflation risks that could impact consumer spending.

Economists remain cautious, citing weak consumer sentiment. Chief economist Alexander Krueger noted that growing job concerns are limiting spending. Unemployment increased by 26,000 in March to 2.92 million, nearing the 3 million mark for the first time in a decade.

You Might Be Interested In

Import prices jumped 3.6% year-over-year in February, the highest in over two years, driven by food costs. As Germany imports many raw materials, these higher costs could push inflation up.

March inflation data, set for release on Monday, is expected to drop slightly to 2.4% from 2.6% in February.

Ask the analyst & get instant answer about any Stock.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

WORLD

Xi Jinping Meets Global CEOs Amid Slowing Investment

Dhruva Kulkarni

Chinese President Xi Jinping met with global CEOs in Beijing to attract foreign investment and support China’s slowing economy amid geopolitical tensions.  

Beijing faces challenges reassuring investors about its $18 trillion economy, with concerns over strict regulations, crackdowns on foreign firms, and a business environment favouring state-owned companies.  

Xi thanked foreign enterprises for contributing to trade, industry, tax revenue, and job creation. Around 40 executives, mostly from the pharmaceutical sector, attended the meeting as China seeks to reverse a sharp 27.1% drop in foreign direct investment (FDI) in 2024—the steepest decline since the 2008 financial crisis.

You Might Be Interested In

He emphasised the role of multinational corporations in stabilising the global economy and urged them to support economic cooperation. The meeting followed the China Development Forum, where Premier Li Qiang called for open markets amid rising global uncertainty.  

Xi has also engaged domestic businesses, including a rare meeting with China’s top tech leaders last month, signalling efforts to restore economic confidence.

Wondering About A Stock? The Analyst Has Answers.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

WORLD

Putin Accepts Modi’s Invite to India, Preparations Begin

Dhruva Kulkarni

Russian President Vladimir Putin has accepted Prime Minister Narendra Modi’s invitation to visit India, with preparations underway, Russian Foreign Minister Sergey Lavrov announced on 27th March.

Speaking at the ‘Russia and India: Toward a New Bilateral Agenda’ conference, Lavrov confirmed that arrangements for the visit are in progress but did not disclose the dates.

He noted that Modi’s first foreign visit after his re-election in 2024 was to Russia, adding, “Now it’s our turn.” Modi last visited Russia in July 2024 after nearly five years.

You Might Be Interested In

On 24th March, Lavrov stated that Russia is developing a “privileged strategic partnership” with India while expanding ties with China, Iran, North Korea, and CIS nations.

In January, Putin emphasised Russia-India relations as a “special and privileged strategic partnership” in his Republic Day message to India.

Modi and Putin maintain regular communication, speaking over the phone every few months and meeting in person during international events.

Curious About A Stock? Ask the Analyst.

Ready to invest like a pro? Unicorn Signals app equips you with 100+ Free tools and knowledge you need to succeed. Download the Unicorn Signals app and gain access to daily stock lists and insightful market analysis and much more!

@2025 - www.equitypandit.com. All Right Reserved.
Latest
IPO
Weekly
Outlook

Stock
Market
Prediction