New Delhi: The shares of railway PSU company Rail Vikas Nigam (RVNL), a multibagger stock, and electric 2-3 wheeler company Wardwizard Innovations and Mobility will be in focus on Monday as the 2 companies achieved major milestones which will have a direct impact on their order book.
RVNL wins big order
RVNL’s joint venture with KRDL has emerged as the lowest bidder for a Southern Railway project in its Thiruvananthapuram division for automatic signalling on the B-route between Ernakulam and Valtol Nagar section. The Rs 156.47 crore order which is expected to be completed in 750 days, according to the exchange filing. RVNL also reported a Rs 391 crore order win on June 6, 2024, for the construction of a bypass in Sitarampur in the Asansol Division.
RVNL share price history
The multi-bagger stock has surged over 199 per cent in the past year.
RVNL’s share price was up 1.71 per cent to Rs 374.95 apiece.
RailVikas Nigam’s stock was down 5.44 per cent in the past 5 days, but up 43.65 per cent in the past month.
In the last 6 months, the stock surged over 110 per cent.
WardWizard Innovations and Mobility order win
The electric 2-3 wheeler maker received a $1.29 billion order from Beulah International Development Corp in the Philippines to upgrade the country’s public transport to electric vehicles. The order is part of a broader agreement between the 2 sides, and the company will supply the vehicles for personal and commercial use from its existing portfolio.
Wardwizard Innovations and Mobility share price history
Wardwizard Innovations and Mobility’s share price rose 1.55 per cent to Rs 52.26 apiece on Friday.
The stock price was up 0.38 per cent in the past 5 days.
The stock price was down 3.51 per cent over the past month.
The company’s share price was down 10.39 per cent over the past 6 months.
Over the past year, Wardwizard Innovations’ share price was up 8.38 per cent.
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Stocks in focus on Monday: Shares of railway PSU RVNL and EV maker Wardwizard Innovations are likely to be in focus on Monday. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
