Rail Vikas Nigam wins ₹221 cr order, shares rise 3%
Rail Vikas Nigam Limited secured a ₹221.33 crore modernization project from South East Central Railway, leading to a 3% rise in shares. The project includes key railway infrastructure upgrades, boosting investor interest in the company.
after close1 source ↓written by the desknot a recommendation
- after securing
- 3%
- modernization project
- ₹221.33 crore
- market cap
- ₹59,892.20 cr
- a high
- ₹291.30
- ₹283.30
Rail Vikas Nigam Limited (RVNL) gained 3% after securing a ₹221.33 crore modernization project from South East Central Railway. The project includes electronic interlocking, signalling, electrification, and cabling works in the Bilaspur Division.
With a market cap of ₹59,892.20 cr, RVNL shares reached a high of ₹291.30, up from ₹283.30. This order may enhance investor sentiment in the railway infrastructure sector.
Not investment advice. For informational purposes only.