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Railway PSU stocks RITES, RVNL jump over 10% over large orders
short by Debaroti Adhikary / on Monday, 25 November, 2024
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.
read more at CNBC-TV18