RVNL shares climb 7% on signing MoU with Airports Authority of India

Rail Vikas Nigam (RVNL) shares climbed nearly 7% to Rs 267.8 in Tuesday’s intraday trade on BSE after the firm signed an MoU with the Airports Authority of India (AAI).

“RVNL has signed MoU with Airports Authority of India (AAI) for construction of subway/underpass to connect the operational area to the Airport Authority of India residential colony in Kolkata,” the company said in an exchange filing.