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Manoj's avatar

As per the recent exchange filings, RVNL has been awarded the projects for construction of underground metro stations for Chennai Metro. As mentioned in the above stock story, it seems RVNL ventured into the construction segment. Is this to be considered as opportunity or risk, because construction (especially long duration contracts) comes with inherent risk associated with managing the costs within budget and the private competition is tough in this field.

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