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Hot Pursuit Back
Rail Vikas Nigam rallies after securing contract for Indore Metro
(20 Sep 2021, 14:25)
The scope of the order is designing and construction of elevated viaduct connecting depot leading up to interface location, nine elevated metro rail stations including all civil, structural, roof structure, mechanical, electrical and plumbing (MEP) works, architectural finishes, façade and entry / exits within the stations.

Rail Vikas Nigam is an organization associated with Indian Railways involved in building rail infrastructure required by the railways. As of 30 June 2021, the Government held 78.2% stake in the company.

On a consolidated basis, the company posted a 64% jump in net profit to Rs 232 crore on a 32.9% rise in net sales to Rs 3,869 crore in Q1 FY22 over Q1 FY21.

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