Railway PSU stocks RITES, RVNL jump over 10% over large orders

Shares of Railway PSUs, RITES and Rail Vikas Nigam (RVNL), surged over 10% on Monday. This comes after both companies reported significant orders won by them. RITES informed exchanges that it has won a major railway electrification order for the Limding-Badarpur line. RVNL announced it has received a ₹837-crore order from Eastern Railway.