Rail Vikas Nigam Limited Secures LOA from NMDC for Residential Campus Construction in Hyderabad

Rail Vikas Nigam Limited Secures LOA from NMDC for Residential Campus Construction in Hyderabad​

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award (LOA) from NMDC Limited for a significant construction project located in Hyderabad.

The awarded work involves the 'Construction of Residential Campus for Senior & Board Level Executives at Banjara Hills, Hyderabad (Phase -II).'

The company confirmed that the undertaking of this work falls within the normal course of RVNL’s business operations. The LOA from NMDC Limited marks a key development for RVNL in its ongoing expansion and development activities.

RVNL Stock Price Movement​

Today, Rail Vikas Nigam Limited shares gained ₹3.05, settling at ₹309 and reflecting a 1.00% climb for the session. The equity saw significant trading interest, achieving a volume of 5.50 million shares during post-market activity.

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