RVNL Share Price | Beneficial update on RVNL company, share will get rich, do not miss the opportunity – NSE: RVNL
RVNL Share Price | Fluctuations in railway related shares in last few days (NSE: RVNL) Is. Shares of RVNL, IRFC, IRCON International Limited are rising. RVNL shares were up more than 3 per cent on Wednesday. On Thursday, October 17, the stock had closed at Rs 490.50, up 2.27 per cent. On Friday, October 18, the stock was trading at Rs 479, down 2.17 per cent. (RVNL Company Excerpt)
Company got contract worth Rs 270 crore
According to media reports, Maharashtra Metro Rail Corporation has given a big contract to Rail Vikas Nigam Limited Company. The contract given to Rail Vikas Nigam Limited is worth Rs 270 crore. Rail Vikas Nigam Limited made the lowest bid for the project. After this the contract was given to RVNL. After this news, the shares of RVNL have increased. Rail Vikas Nigam Limited Company will have to complete the work within 30 months from the date of award of the contract.
More information about the project
The project, awarded to Rail Vikas Nigam Limited, involves the construction of seven elevated metro stations in Reach 3A, including Hingna Mount View, Wanadongri, Rajiv Nagar, APMC, Raipur Hingna Bus Station and Hingna. Additionally, three elevated stations will be constructed in Reach 4A at Pardi, Transport Nagar and Kapasi Khurd.
East Coast Railway Project
Rail Vikas Nigam Limited had earlier this month placed the lowest bid for the construction of the third and fourth lines between Talcher Road and Jarapada and Angul-Balram, which is part of the MCRL Internal Corridor Phase-1 doubling project. This project is known as the East Coast Railway Project.
stock returns
Shares of Rail Vikas Nigam Limited Company have given 6 percent return in the last 5 days. It has given 92% returns in the last 6 months. So far in 2024, the stock has given 175% returns. The stock has given 193% returns in the last one year. The stock has given 2005% returns in the last 5 years.
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