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.
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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%.
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