Rail Vikas Nigam Ltd secures Rs. 1034.90 crore contract for Indore Metro Rail project

Rail Vikas Nigam Ltd has secured contract from Madhya Pradesh Metro Rail Corporation Limited for design and construction of elevated viaduct between Ch. 14+488 and Ch. 25+415, viaduct connecting depot leading upto interface location, Nine (9) elevated metro rail stations including all Civil, Structural, Roof Structure, Mechanical, Electrical and Plumbing (MEP) works, Architectural finishes, Facade, Entry / Exits, FOB, Viaduct within the stations including transition spans for Indore Metro Rail project Yellow Line.

The total contract amount is Rs. 1034,90,00,000 (Rupees One Thousand Thirty Four Crores Ninety Lakh only).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 30.1 as compared to the previous close of Rs. 30.25. The total number of shares traded during the day was 726988 in over 3757 trades.

The stock hit an intraday high of Rs. 30.4 and intraday low of 29.55. The net turnover during the day was Rs. 21792101.

Source : Equity Bulls

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