New Delhi, June 9 -- RVNL share price gained over 3% in early trade on Tuesday, breaking its nine-session losing streak. The PSU railway stock rose as much as 3.66% to Rs.236.30 apiece on the BSE.

RVNL stock price has declined more than 19% in the past nine consecutive trading sessions and hit a fresh 52-week low of Rs.227.05 apiece on June 8.

The latest gains in RVNL shares comes after the state-run company announced winning of a significant order.

Rail Vikas Nigam Ltd (RVNL), the railway PSU, informed that it received LOA from South East Central Railway worth Rs.221.33 crore.

The new order is for the replacement of panel Interlocking with Electronic Interlocking, all indoor and outdoor gears, OFC huts, construction of S&T service bu...