RVNL tops Rs 201 crore East Coast Railway wagon workshop tender, putting shares back in focus
Rail Vikas Nigam Ltd was named lowest bidder for a Rs 201.23 crore contract to build a 200-wagon maintenance workshop at Kantabanji for East Coast Railway. RVNL shares fell 5.25% Monday, closing at Rs 367.60 after fluctuating between Rs 400.90 and Rs 366.15. The project has an 18-month execution period. About 4 million shares changed hands in roughly 48,700 trades.
