On June 22, Rail Vikas Nigam Limited (RVNL) announced that it won two orders estimating Rs 280 crore from Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company Limited (MPPKVVCL) in Jabalpur.

The first order comprises the supply, installation, testing and commissioning of fresh 11 KV lines, low tension lines on AB cable, and other activities in the MPPKVVCL’s Chhatarpur circle. The order is estimated at Rs 126.8 crore. The second order is similarly executed in the Seoni and Narsinghpur circles, valued at Rs 154.23 crore.

On June 20, the firm got three Letters of Acceptance from Chennai Metro Rail Limited (CMRL) of Underground Stations for the phase-II Project, with an aggregate value of Rs 2,326 crore.

At 12:49 pm, Rail Vikas Nigam was trading at Rs 123.10, down Rs 0.75, or 0.61% on the BSE.

The share moved a 52-week high of Rs 144.50 and a 52-week low of Rs 29 on May 8, 2023, and June 21, 2022, respectively.

It trades 14.81% below its 52-week high and 324.48% above its 52-week low.