RVNL: A consortium of Russia's CJSC Transmashholding and Rail Vikas Nigam had in March emerged as the lowest bidder for the Rs 58,000-crore contract to manufacture and maintain 200 trainsets.
RVNL share price: Most railway counters saw a sharp upward move during the last two sessions after it was reported that Indian Railways would start production of advanced Vande Bharat trains by August this year.
RVNL share price: Last month, RVNL emerged as the lowest bidder for manufacturing cum maintenance of Vande Bharat trains along with Russia's Transmashholding (TMH) as a joint venture partner. TMH's company Metrowagonmash is based in Russia's Mytishchi.