Highlights of RVNL stock Up:
- The Rail Vikas Nigam (RVNL) share price increased by over 4% on January 13th after the company secured a project from Southern Railway.
- The stock has increased by 13% in the last two days, and was trading at Rs 78.90 at 11:44am on January 13th.
- RVNL has received a letter of acceptance from Southern Railway for the provision of automatic block signalling in the Taduku-Renigunta section.
- The project is worth Rs 38.97 crore and is expected to be completed within 15 months.
- On January 11th, RVNL also announced that it had secured a Chennai Metro Rail project worth Rs 1,134 crore, which is expected to be completed in 1,065 days.
Details of RVNL stock Up:
The share price of Rail Vikas Nigam Limited (RVNL) increased by 4% during the day on January 13th, following the announcement that the company had been awarded a project by Southern Railway.
Over the past two days, the stock has risen by 13%. The stock was valued at Rs 78.90, an increase of Rs 3.10, or 4.09%, on the BSE at 11:44am. It reached a high of Rs 79.35 and a low of Rs 77.25 during the day.
RVNL announced that Southern Railway has issued a letter of acceptance for the provision of automatic block signalling in the Taduku-Renigunta section, with a project cost of Rs 38.97 crore and a completion time of 15 months.
Additionally, on January 11th, the company announced that it had been awarded a Chennai Metro Rail project worth Rs 1,134 crore, with a completion time of 1,065 days. The rail infrastructure company will construct an elevated viaduct, nine elevated metro stations, and a stabling viaduct.
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