Rail Vikas Nigam Limited (RVNL) saw a 4% rise in its stock price following the award of a ₹270 crore contract from Maharashtra Metro Rail Corporation.
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RVNL Stock Surges 4% After Winning ₹270 Crore Contract

  • RVNL has secured a contract worth ₹270 crore from the Maharashtra Metro Rail Corporation.
  • The contract involves the construction of elevated metro stations.
  • The contract is expected to boost RVNL’s revenue and further strengthen its position in the infrastructure sector.
  • The company’s strong performance in the stock market is likely to continue, driven by the increasing inflow of contracts and positive financial results.
  • In the past year, RVNL has bagged multiple contracts, which has contributed to its stock rising over 100%.