Railway PSU lowest bidder for South Eastern project; shares already at all-time high

RVNL Share Price All-Time High: Rail Vikas Nigam Ltd (RVNL) shares are likely to be in focus on July 10 after the PSU emerged the lowest bidder for a South Eastern Railway project worth Rs 203 crore. The RVNL stock has already broken a series of records.   

Railway PSU lowest bidder for South Eastern project; shares already at all-time high
RVNL shares have broken a series of records over the past few days. | Representational image | Image credit: Pexels

RVNL Share Price All-Time High: Rail Vikas Nigam Ltd (RVNL) shares are likely to be in focus on Wednesday after the PSU emerged the lowest bidder for a South Eastern Railway project worth Rs 203 crore.

After the market hours on Tuesday, RVNL said it was declared the L1 bidder for the railway project of South Eastern Railway, one of the zones under the Ministry of Railways.   

RVNL also received the acceptance letter for a Rs 187-crore project from Nagpur Metro. The order will be completed in 30 months, according to RVNL.

(This is a developing story. More details will be added shortly)

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Written By: ZeeBiz WebTeam
Updated: Wed, Jul 10, 2024
10:51 AM IST
New Delhi, ZeeBiz WebDesk
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