🚆 RVNL Bags ₹201-Crore East Coast Railway Project

Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder for a ₹201 crore project awarded by East Coast Railway to establish a 200-wagon capacity wagon overhaul workshop at Kantabanji. The project is scheduled for completion within 18 months, strengthening RVNL’s railway infrastructure order book. However, despite the order win, RVNL shares closed 5.43% lower at ₹366.90 on BSE, reflecting broader market profit-booking. #RVNL #RailwayStocks #InfraProjects #PSUStocks #IndianRailways #StockYardResearch