BCPL Railway Infra bags a new order in the Khurda and Sambalpur Division of East Coast Railway

BCPL Railway Infrastructure Limited has bagged an order from the East Coast Railway, Electrical, Construction, Bhubaneswar, Head Quarters. This order has been received for the work of "Electrification of 25 KV OHE for new line between Nuagaon to Daspalla in Khurda Division and Bichhupalli to Sonepur in Sambalpur Division of East Coast Railway including Sub-sectioning post, Traction substation and PSI work in connection with the new line." The total project cost comprises of Rs. 190 million.

Commenting on the same, Mr. Aparesh Nandi, Chairman said, "We at BCPL Railway Infrastructure Limited are pleased to inform our stakeholders on our recent order intake in the Khurda and Sambalpur Division of East Coast Railway under East Coast Railway, Electrical, Construction, Bhubaneswar, Head Quarters. The value of this order is #190 million expected to be completed within 24 months. We have already started seeing inflow of orders and we are quite optimistic about the pipeline of orders in the coming months and in near future also. We expect to end the year on robust order book."

Shares of BCPL Railway Infrastructure Ltd was last trading in BSE at Rs. 43.55 as compared to the previous close of Rs. 44.25. The total number of shares traded during the day was 26620 in over 403 trades.

The stock hit an intraday high of Rs. 45.35 and intraday low of 40.60. The net turnover during the day was Rs. 1152818.00.

Source : Equity Bulls

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