RVNL along with its Russian counterpart is the lowest bidder for 200 Vande Bharat trains worth 58000 Crores. (both Sales & Service)

Because the Russian counterpart was interested into this business, they must have quoted lower… But will they make profit???..only time will tell.

Discl: Remain invested in all railway PSU stocks as a part of my PSU and dividend yield basket in spite of heightened volatility +/- 10-15% .
The risk factor which is a hanging sword is the Stake Sale/ OFS in all these kind of stocks where Govt still holds more than 75% stake
It is not an investment advice. please do your own assessment before investing.