neutral
Recently
Rail PSU secures low-bid position in major railway infrastructure project
RVNL came into focus after becoming the lowest bidder for a Rs 201 crore railway workshop project, strengthening its order pipeline and infrastructure execution visibility.
Investor attention turned to Rail Vikas Nigam Limited after the company emerged as the lowest bidder for a key infrastructure contract awarded by East Coast Railway. The project involves setting up a wagon Periodic Overhaul workshop with a capacity of 200 wagons at Kantabanji, carrying an estimated cost of Rs 201.23 crore, excluding taxes. Being declared L1 places RVNL in a strong position to secure the order, reinforcing its order book visibility.