Rail Vikas Nigam shares to be in focus on Wednesday as company secures a Rs.356 crore order
New Delhi, July 28 -- Shares of Rail Vikas Nigam (RVNL) are expected to attract investor interest on Wednesday, 29 July, after the company secured an Engineering, Procurement and Construction (EPC) contract worth Rs.358.97 crore from East Central Railway.
The contract involves doubling the 41-km Sitamarhi-Raxaul railway section under the Samastipur Division of East Central Railway, including the construction of bridges, stations, platforms, earthwork, and other associated civil infrastructure.
According to the company's regulatory filing, the contract is domestic in nature and is scheduled to be executed within 1095 days.
The company also clarified that neither its promoter nor promoter group entities have any interest in the awarding ...
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