Announced Thu, 20 Aug · 13:20 IST
RVNL bags Rs 161 crore order from East Coast Railway
RVNL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹223.50
prior close
₹229.90
base price
In-mkt
timing
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AI summary
RVNL received a Letter of Acceptance from East Coast Railway for provision of MSDAC systems to improve reliability in the ABS section of KUR division, covering multiple stations. The domestic order is worth Rs 161.02 crore with an 18-month execution timeline. The work is in the normal course of business.
Likely market impact
Adds around Rs 161 crore to RVNL's order book over 18 months from a government railway entity.