RVNL stock analysis from various Brokerage houses

Recent developments :

(1) The company has recently established its solely-owned subsidiary company named ‘Kinet Railway Solutions Ltd’. According to the Share Purchase Agreement signed, RVNL holds a 25 per cent stake, while joint stock company Metrowagonmash and Locomotive Electronic Systems possess 70 per cent and 5 per cent stakes, respectively. So Vande Bharat strain Deal is back on track. Govt to consider more such trains.
(2) Received a letter of award (LOA) from the National Highways Authority of India (NHAI) worth Rs 808 crore. The LOA is for "rehabilitation and upgradation from 4 to 8 laning of Chandikhole – Paradip Section of NH-53 (Old NH – 5A) from Km. 60.000 to Km. 76.646 (Package-4) in Odisha on HAM mode – 2nd Call,

(3) Indian Railways launching more non-AC general category Regular trains between major cities to meet the demand of low-income passengers and migrant workers, which normally is done only during festival seasons