The project victory of Rs 187.34 crore propels the share price of RVNL to a 52-week high.
Rail Vikas Nigam Share Price | RVNL placed first among the lowest bidders (L1) for the project of building six elevated metro stations for Maharashtra Metro Rail Corporation Limited (Nagpur Metro).
The Rs 187.34 crore project has a 30-month completion period.
The news that Rail Vikas Nigam (RVNL) had come in with the lowest proposal for a project by Maharashtra Metro Rail Corporation caused the share price of the business to surge by 6%, reaching a 52-week high of Rs 398.35 in the opening trading on May 27.