RVNL shares: Shares of state-run Rail Vikas Nigam Ltd (RVNL) climbed 3% on Thursday after the company announced it had received a Letter of Acceptance from Southern Railway for automatic signaling work on the Ernakulam JN (ERS) – Vallattol Nagar (VTK) section on the B-Route of the Thiruvananthapuram Division in Southern Railway. The order is…
RVNL shares: Shares of Rail Vikas Nigam Ltd (RVNL), a state-run company, closed nearly 6% higher on Friday following its announcement that it had secured the lowest bidder (L1) status for a project valued at Rs 191.5 cr from South Eastern Railway. RVNL’s shares ended the day up by 5.77% at Rs 409.70, compared to…
RVNL shares rise 12% as railway firm publishes order book information and plan RVNL shares rose 11.86% to an intraday high of Rs 281.45 on the BSE. RVNL’s market capitalization rose to Rs 57,556 crore on the BSE. In short RVNL shares have a one-year beta of 1.4, indicating strong volatility over that period. The…
