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RVNL‘s share price was rocketing at the bourses on Thursday morning looking to extend its winning streak to the third straight session. RVNL shares went up over 7% to hit an intraday high of ₹514.65
What Happened: The massive surge today comes as the railway infra company announced on Wednesday that it had been selected as the lowest bidder for a contract from Maharashtra Metro Rail Corporation Limited.
The contract includes the construction of seven elevated metro stations in Reach 3A and three in Reach 4A of the Nagpur Metro Rail Phase-2 project. Valued at ₹270 crore, the project is expected... Continue reading the full story on Benzinga