RVNL Wins Order Worth Rs 81 Cr

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Rail Vikas Nigam Limited (RVNL) has won an order worth Rs 81 crore from South Central Railway for the comprehensive signalling and telecommunication works for the provision of automatic block signalling system in Balharshah-Makudi section of Secunderabad Division.

The order was awarded to RVNL-Ganapathi Engineering Works (JV), a joint venture between RVNL and Ganapathi Engineering Works. The project is scheduled to be completed in 24 months.

The automatic block signalling system is a modern signalling system that uses electronic signals to control the movement of trains. It is a more advanced system than the traditional manual signalling system and it helps to improve safety and efficiency on the railway network.

The order win is a significant achievement for RVNL and it is a testament to the company's expertise in signalling and telecommunication works. The project will help to improve the safety and efficiency of the railway network in the region and it will also boost the local economy.

Impact on Share Price

The order win is likely to have a positive impact on RVNL's share price. The company's market capitalization is currently Rs 25,406 crore and its share price is Rs 122. The order win is expected to boost the company's revenue and profits and it is also expected to improve the company's financial position. This is likely to lead to an increase in the company's share price.

Conclusion

The order win is a significant achievement for RVNL and it is a testament to the company's expertise in signalling and telecommunication works. The project will help to improve the safety and efficiency of the railway network in the region and it will also boost the local economy. The order win is also likely to have a positive impact on RVNL's share price

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