RVNL shares rally over 12% in 11 days. What's behind the surge?

Wait 5 sec.

Shares of Rail Vikas Nigam Ltd (RVNL) have seen an impressive rally, surging 12.5% over eleven sessions, mirroring a broader recovery in railway-linked stocks like Titagarh Rail and IRFC. This rebound is fueled by a reset in valuations and new contract wins, including a Rs 169 crore project from West Central Railway.