The share price of Rail Vikas Nigam Ltd., or RVNL, climbed by more than 4% in early trading on Tuesday following a few positive developments for the railway PSU company. On the BSE, RVNL shares increased by as much as 4.6% to ₹601.75 per.
The previous session saw an 11% increase in RVNL shares, which was driven by strong buying activity in railway companies.
RVNL shares will be included in the MSCI India Index, among six other stocks. MSCI announced in its August reshuffle that Rail Vikas Nigam Ltd, Vodafone Idea, Dixon Technologies (India), Oil India, Oracle Financial, Prestige Estates and Zydus Lifesciences had been added to the India index, which is part of the MSCI Global Standard Index.
As of 10:18 am, RVNL shares were trading 2.55% higher at Rs 590.55 on the NSE.
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