RVNL wins Rs 1.87 bn bid for Nagpur Metro Stations project 360 ONE owner buys Rs 1.70 billion worth Mumbai apartmentsRail Vikas Nigam Limited (RVNL) has secured a Rs 1.87 billion contract to build six elevated metro stations in Nagpur. These stations are part of Reach 2B in Phase 2 of the Nagpur Metro Rail Project (NMRP). RVNL previously reported strong financial results, with a 17.4% revenue increase and a 33%...
more... jump in net profit. The company also received a Letter of Acceptance (LoA) from the South Eastern Railway for a project involving the upgrading of an electric traction system in the Kharagpur division. Despite a slight decline in share price, RVNL's stock has gained over 100% this year. In separate news, 360 ONE founder Karan Bhagat purchased two luxury sea-view apartments in Mumbai's Worli neighborhood for Rs 1.70 billion.
Rail Vikas Nigam Limited (RVNL) ko Nagpur mein chhe elevated metro stations banane ka Rs 1.87 billion ka contract mila hai. Ye stations NMRP Phase 2 ke Reach 2B ka part hain. RVNL ne pehle strong financial results dikhaye the, 17.4% revenue increase aur 33% net profit mein jump ke saath....
more... Company ne South Eastern Railway se ek project ke liye Letter of Acceptance (LoA) bhi liya hai jisme Kharagpur division mein electric traction system ko upgrade karna hai. Share price mein thodi kammi hone ke baavajood, RVNL ke stock ne is saal 100% se zyada gain kiya hai. Alag news mein, 360 ONE ke founder Karan Bhagat ne Mumbai ke Worli neighborhood mein Rs 1.70 billion mein do luxury sea-view apartments kharide hain.