Rail Vikas Nigam shares to be in focus on Friday as the company secures ₹968 crore railway order
Shares of Rail Vikas Nigam are expected to attract investor interest on Friday, April 17, after the company secured a significant order. In a post-market filing on Thursday, the company said it has emerged as the lowest bidder (L1) for a key infrastructure project awarded by East Coast Railway.
The project involves the construction of the 3rd and 4th railway lines between Nergundi–Barang (22 km) and Khurda Road–Vizianagaram (363 km) on the Bhadrak–Vizianagaram section, covering a total length of 385 km.
