As a result, Rail Vikas Nigam share price rose by 8.60% in one day today. It has bagged the contract from the National Highways Department (NHAI) for construction of six-lane Kona Expressway in West Bengal. The value of this contract alone is Rs 720.67 crore. The project should be completed in 910 days.
Apart from this, Rail Vikas Nigam has bagged orders from the Ministry of Railways to construct and upgrade train sets and maintenance platforms for Vande Bharat trains. The value of this contract is Rs 120 crore.
Apart from this, the Railway Vikas Nigam has bagged the contract worth Rs 1271.98 crore for the Varanasi-Ranchi-Kolkata six-lane road.
Following this, Rail Vikas Nigam share price rose by 8.60% in a single day today. It is noteworthy that the share price of the Railway Vikas Nigam has been rising recently as it has won various orders.
Rail Vikas Nigam shares were trading at Rs 68.60 at the close of trade on Friday. In this case, the share price of Rail Vikas Nigam has touched 74.55 rupees in a single day today. This is an increase of around 8.60%.
Notably, the stock of Rail Vikas Nigam touched a new high of Rs 84.10 on November 29, 2022.