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Rail Vikas Nigam Ltd. ( (IN:RVNL) ) has shared an announcement.
Rail Vikas Nigam Limited has received a Letter of Award from North Eastern Railway for the construction of the substructure of an important bridge over the river Gandak. This project, valued at approximately Rs. 165 crores, is part of the doubling work between Gorakhpur Cantt and Valmikinagar section and is expected to be completed within 24 months. The award signifies RVNL’s ongoing role in enhancing India’s railway infrastructure, potentially strengthening its market position and operational capabilities in the sector.
More about Rail Vikas Nigam Ltd.
Rail Vikas Nigam Limited (RVNL) operates in the infrastructure sector, primarily focusing on the construction and development of railway projects. The company is involved in building rail infrastructure, including bridges and tracks, to enhance connectivity and support the expansion of railway networks across India.
Average Trading Volume: 356,095
Technical Sentiment Signal: Sell
Current Market Cap: 654.6B INR
For an in-depth examination of RVNL stock, go to TipRanks’ Overview page.