RVNL rises 4% on Rs 2,326-crore Chennai metro project win
The share touched a 52-week high of Rs 144.50 on May 8, 2023 and a 52-week low of Rs 29 on June 21, 2022
Source: moneycontrol.com
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RVNL shares rise over 4% on multiple project wins
Rail Vikas Nigam (RVNL) has received three letters of acceptance from Chennai Metro Rail for various underground stations. The orders are valued at INR 3,058.20 Crore ($412m), and the projects will be completed in a span of up to five years. The share price of the PSU rose over 4% on BSE following the announcement of the orders. Analysts remain bullish on the stock, and the consensus recommendation from one is a strong buy, with an average target price showing an upside potential of 5% from current market prices.
Source: indiatimes.com
RVNL shares rise on multiple orders from Chennai Metro
Shares of RVNL opened higher at Rs 126.80 against the previous close of Rs 122.55 on BSE. Later, the stock rose 4% to Rs 127.75 on BSE.
Source: businesstoday.in