Rail Vikas Nigam Ltd (RVNL) shares surged 4% after securing a Rs 404.4 crore contract from East Coast Railway for the Koraput-Singapur Road Doubling Project, involving major bridge and road-over bridge constructions. The project completion is expected within 30 months. Previously, RVNL received a Rs 3,622-crore contract from Bharat Sanchar Nigam Ltd (BSNL).
Dollar surges as US-Iran war pushes oil past $100 a barrel
The dollar surged to a three-month high against the euro as oil prices surpassed $100 a barrel, prompting investors to seek safety amid fears of