Rail Vikas Nigam Limited signed MoU with IMS Consultancy Private Limited

The infrastructure PSU is a multi-bagger stock company and the shares of the company are surged by 11.43% standing at Rs 605.70.

Rail Vikas Nigam Limited signed MoU with IMS Consultancy Private Limited

Railway PSU Rail Vikas Nigam Ltd has informed that it has signed an MoU with IMS Consultancy Private Ltd. The infrastructure PSU is a multi-bagger stock company and the shares of the company are surged by 11.43% standing at Rs 605.70.

 According to the exchange filing, RVNL has signed MoU with M/s IMS Consultancy Private Limited (IMS) for providing technical and advisory services to RVNL for projects in the field of Railways, MRTS, Tunnels, Roads (Highways & Expressways), Bridges, Building Works, Airports, Ports, Irrigation, Power Transmission and Distribution sector, Solar sector, Wind Sector, Hydro Power Sector etc. in Nepal.

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RVNL has been rising as trending stock as the company has bagged several significant orders from the railway sectors, fostering the revenue potential. Earlier the company has bagged an order from South Eastern Railway segment.

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