Shares of Rail Vikas Nigam Limited (RVNL) surged 8% to Rs 455 after securing a letter of acceptance from Eastern Railway for an Rs 837 crore infrastructure project, which includes extensive railway construction over 55.2 kilometers. The project is expected to be completed in 36 months and does not involve related-party transactions. Additionally, RVNL's consortium recently emerged as the lowest bidder for a Rs 5,000 crore project with Bharat Sanchar Nigam Limited, covering construction and maintenance over a decade.
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