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RVNL shares gain over 4% on bagging Rs 1,554 crore project in Maldives
Published on: Tuesday 27 December 2022
Shares of Rail Vikas Nigam Limited (RVNL) jumped over 4 percent on Wednesday after the company announced its appointment as project implementation agency for the UTF Harbor Project in Maldives. In a filing to the stock exchanges on Tuesday, RVNL said that this is a strategic project of Government of India and the project cost is estimated at Rs 1,544.60 crore. The state-owned company received the Letter of Authorisation (LOA) on December 27 for...
