Rail Vikas Nigam hits new 52-week high on new order win

Rail Vikas Nigam NSE 7.97 % shares in Friday’s trade gained over 9% to new 52-week high of Rs 46.50 apiece after bagging Rs 137 crore order.

“Rail Vikas Nigam Limited (RVNL) has been awarded a contract for increasing speed potential to 160 KMPH in Pradhankhanta – Bandhua section of Dhanbad Division under East Central Railway,” said the company’s filing with the exchange.

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