Rail Vikas Nigam Shares Skyrocket 11% on Securing Award Worth Rs 115 Crore – Equitypandit
Shares of Rail Vikas Nigam Ltd (RVNL) skyrocketed 11% on 16 May after the company announced securing a contract to upgrade their existing electric traction system. In its regulatory filing, the company said, “RVNL has received LOA from Central Railway for OHE Modification Work for Up-gradation of existing 1×25 KV Electric Traction System to 2×25…