RVNL Share Price Surges Over 9% on Rs 3,622 Crore Order Win From BSNL
Rail Vikas Nigam Ltd. has received an order worth Rs 3,622 crore from BSNL Ltd., the company revealed in an exchange filing. The order is for the development of middle mile network for Bharat Net. RVNL share price jumped significantly after the revelation.
RVNL will create, upgrade, operate, and maintain the middle mile network of Bharat Net. The work will be done on Design Build Operate and Maintain Model, RVNL said . The company specified that the order is in the normal course of business.