Shares of Rail Vikas Nigam Limited (RVNL) rallied 8% on 6 June after the company announced securing orders worth Rs 515 crore. 

In its regulatory filing, the company said that they have received a letter of acceptance from Easter Railway for the construction of the Sitarampur bye pass line under the Asansol Division of Eastern Railway for a total consideration of Rs 390.97 crore, which has to be completed in a period of 24 months. 

Furthermore, the company has also emerged as the lowest bidder for the Implementation of SCADA and DMS/OMS works in Gurugram Revamped Distribution Sector Scheme (RDSS) in DHBVN (Dakshin Haryana Bijli Vitran Nigam) from Dakshin Haryana Bijli Vitran Nigam worth Rs 124.36 crore and has to be executed in 30 months. 

On 3 June, the company secured a Letter of Acceptance from South Central Railway worth Rs 440 crore for engineering, procurement and construction (EPC) tender for the proposed doubling of Track between Ankai station & Karanjgaon stations, including electrification and signalling works in connection with Aurangabad-Ankai Doubling project in Nanded division of South Central Railway. 

At 1:58 pm, the shares of RVNL were trading 4.37% higher at Rs 368.75 on NSE.