Memorandum Of Understanding (MOU)
Rail Vikas Nigam Ltd signs MoU with Mr. Ashraf Gulam Mohmed Theba, Oman
State-owned RVNL has signed an MoU with Ashraf Gulam Mohmed Theba in Oman for business development and market research. The stock surged 0.90% with an intraday high of Rs 379.
RVNL shares rise as company signs MoU with Oman partner for business expansion.
State-owned Rail Vikas Nigam Limited (RVNL) has signed MoU with Mr. Ashraf Gulam Mohmed Theba, Oman. The company has informed through exchange filing.
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The main objective of the agreement is to establish an understanding between the Parties regarding the cooperative provision of Business Development, Market Research & Analysis, Company Representation in Sultanate of signs of Oman.
With this, the shares of RVNL are surged over by 0.90% with an intraday high at Rs 379.00. The current target price of the Railway PSU stock is at Rs 377.05.
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