Rail Vikas Nigam (RVNL) — Announcement

📢 Key Event
RVNL receives Letter of Acceptance from East Coast Railway for signal system upgrades

💡 Investor Takeaway
This order adds to RVNL's government infrastructure pipeline and execution capability in critical rail signaling projects.

Rail Vikas Nigam Limited announced it received a Letter of Acceptance from East Coast Railway for signal system upgrades across multiple stations in the KUR division, covering 18 months of work valued at Rs.161.02 crore. The project involves Hitachi, Medha Servo Drives, and Siemens components and falls within normal business operations. This order strengthens the company's infrastructure services portfolio and government-backed growth momentum.

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About Rail Vikas Nigam Limited (RVNL)

Construction · Infrastructure Developers & Operators · Listed on NSE

Market Cap: ₹43,764.57 Cr P/E: 48.7 ROE: 9.1% ROCE: 11.2% Div Yield: 0.81%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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