In Monday s trading on the BSE, shares of Rail Vikas Nigam (RVNL) surged 8%, reaching a new 52-week high of Rs 399.7. This increase followed the company s success in securing the lowest bid for a project by the Maharashtra Metro Rail Corporation (Nagpur Metro).
RVNL share price: The stock surged 7.92 per cent to hit an all-time high of Rs 399.70. It was last seen trading 3.20 per cent up at Rs 382.20. At this price, the multibagger scrip has gained 109.83 per cent on a year-to-date (YTD) basis.
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The Swargate to Katraj metro line proposal was sent by Maha-Metro to the state government in September 2021, which was approved and forwarded to the central government in April 2022