RVNL share price: Navratna stock jumps 3% after acceptance of ₹554 crore LoA by NHAI.

Stock market today: Shares of

ikas Nigam Limited witnessed strong buying in the early morning session on Friday. The Navratna company's stock was under the radar of stock market bulls after receiving a Letter of Acceptance (LoA) from the National Highway Authority of India (NHAI). The domestic NHAI project is worth over ₹554 crore. RVNL news RVNL, which is one of the Navratna companies in India, informed the Indian stock market exchanges about the development, saying, "It is hereby informed that Rail Vikas Nigam Limited has received Letter of Acceptance from National Highway Authority of India for “Construction of 6 lane Access Controlled connectivity to Visakhapatnam Port Road from Km 0.000 (Sabbavaram bypass of Anakapalli - Anandapuram corridor) to Km 12.660 (Sheelanagar junction) of NH 516C on Hybrid Annuity Mode in the State of Andhra Pradesh under NH (O) on Hybrid Annuity Mode."