GENERAL4 Sept 2026
Railway stock: RVNL shares to be in focus on Monday after ₹903 crore order from SJVN
Rail Vikas Nigam got a ₹903 crore order from SJVN's subsidiary for a power project in Bihar. This is its second recent win. Even so, the stock has fallen heavily after weak earnings. Retail investors still hold 18.2% shares, showing confidence in long-term growth. If you're investing, check with certified experts first.
Key Statutory Highlights
- RVNL received a ₹903 crore order from SJVN Thermal for construction work at the Buxar power project in Bihar.
- The company also won a ₹404.88 crore order from East Coast Railway for a third railway line project.
- Despite order wins, RVNL's stock fell 68% from its all-time high, but retail investors hold 18.2% shares.
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TaxQue News Desk
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