Rail Vikas Nigam Limited (RVNL) has secured a Rs 1.87 billion contract to build six elevated metro stations in Nagpur. These stations are part of Reach 2B in Phase 2 of the Nagpur Metro Rail Project (NMRP). RVNL previously reported strong financial results, with a 17.4% revenue increase and a 33%...
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jump in net profit. The company also received a Letter of Acceptance (LoA) from the South Eastern Railway for a project involving the upgrading of an electric traction system in the Kharagpur division. Despite a slight decline in share price, RVNL's stock has gained over 100% this year. In separate news, 360 ONE founder Karan Bhagat purchased two luxury sea-view apartments in Mumbai's Worli neighborhood for Rs 1.70 billion.