RVNL's shares rose 7% after signing an MoU for a Rs 229.43 crore subway project in Kolkata.
RVNL shares rose 7% after signing an MoU with AAI for a Rs 229.43 crore subway/underpass project in Kolkata. RVNL also received a Rs 543 crore LoA from Madhya Pradesh Metro Rail Corporation Limited and an LoA for Himachal Pradesh's distribution infrastructure worth Rs 1.3 billion. RVNL, a Schedule 'A' Navratna CPSE, contributes to 30% of Indian Railways' infrastructure needs and undertakes road, port, irrigation, and metro projects.
March 26, 2024
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