RVNL Shares Rebound 4% on ₹221-Crore Railway Order

Breaking a grueling nine-day losing streak, $RVNL Vikas Nigam Limited (RVNL) shares surged 4% following a major domestic contract win. In a recent regulatory filing, the state-owned railway infrastructure company announced it has secured a Letter of Acceptance from South East Central Railway. The Engineering, Procurement, and Construction (EPC) contract is valued at ₹221.33 crore. Key Timeline: The entire domestic project is slated for completion within a strict 730-day execution window. This timely order infuses fresh momentum into the stock, which had been under persistent selling pressure over the past two weeks. The market has reacted enthusiastically to the development, renewing investor confidence in RVNL’s robust order pipeline and execution capabilities.