Shares of state-owned Rail Vikas Nigam Ltd (RVNL) gained over 3% in the afternoon session today after the state-run company said its JV with KRDCL has emerged as the lowest bidder (L1) from Southern Railway for ‘Redevelopment of Thiruvananthapuram Central Railway Station on Engineering, Procurement and Construction (EPC) mode.”
Multibagger stock: RVNL shares climbed 11.55% to a high of Rs 256.35 on BSE. Total 51.57 lakh shares of RVNL changed hands amounting to a high turnover of Rs 126.98 crore.