Rail Vikas Nigam Ltd (RVNL) shares jumped over 3% after a consortium led by RVNL, alongside HFCL Ltd. and Aerial Telecom Solutions Pvt., won a significant ₹5,008 crore project from Bharat Sanchar Nigam Ltd (BSNL).
This strategic contract strengthens RVNL’s portfolio and boosts its visibility in India’s digital infrastructure sector. Although the exact share allocation among RVNL, HFCL, and Aerial Telecom is yet to be finalized, this win has generated positive sentiment among investors, underscoring RVNL’s growth potential in high-value government projects.
As of 9:20 am, RVNL shares were trading 3.02% higher at Rs 464.50 on the NSE.
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