RVNL shares in focus as company receives LoA from NHAI
Shares of the RVNL are trading higher by 0.96% at Rs 361.25, with dividend yield of 0.58%.
New Delhi: State-owned railway sector unit, Rail Vikas Nigam Limited has received a Letter of Acceptance from the National Highway Authority of India for the Construction of 6 lane Access Controlled connectivity to Visakhapatnam Port Road from Km 0.000 (Sabbavaram bypass of Anakapalli - Anandapuram corridor) to Km 12.660 (Sheelanagar junction) of NH 516C on Hybrid Annuity Mode in the State of Andhra Pradesh under NH (O) on Hybrid Annuity Mode.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
The project cost is Rs. 554.64 crore and the time needed to complete the order is 730 days.
Shares of the RVNL are trading higher by 0.96% at Rs 361.25, with dividend yield of 0.58%.
Read Also : Hindustan Petroleum issues debentures worth Rs 2,500 crores at 6.73 pc coupon rate