Stock Market Today, May 16 -- RVNL share price gained more than 10% during the intraday trade on Friday, May 16, despite weakness in the Indian stock market, following an order book update.

RVNL share price opened at Rs.381.40 on the BSE on Friday. At the time of opening RVNL share price was almost 1.5% higher than the previous day's closing price of Rs.375.90. RVNL share price thereafter gained further to intraday highs of Rs.415, marking gains of more than 10% during the intraday trades.

Rail Vikas Nigam Ltd intimated the National Stock Exchange of India and the BSE ltd or Bombay Stock Exchange about having received a Letter of acceptance or LOA from Central Railway

As per the details In order to reach the 3000 MT loading target, Cen...