Stock in Focus: Government Railway Company Receives ₹145 Crore New Order, Stock to Stay in Focus

Stock in Focus: Government railway company Rail Vikas Nigam Limited (RVNL) has received a major project worth ₹145.35 crore from Southern Railway. The company informed the stock exchange that it has been issued a Letter of Acceptance (LOA). This project is related to strengthening the railway traction power system. RVNL will install several important systems in the Jolarpettai–Salem section under this project. The company will set up SCADA systems and install automatic fault locators, which are crucial for Indian Railways’ Mission 3000 MT freight-loading target.

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