Rail Vikas Nigam Ltd inks MOU with Frauscher Sensor Technology India Pvt Ltd

Rail Vikas Nigam Limited has entered in MOU with M/s Frauscher Sensor Technology India Private Limited for Signalling System (Digital Axle Counter System) for Railway projects. This will bring synergy between a Signalling System OEM and Rail Vikas Nigam Limited. This will open new business opportunities in Overseas and Indian Railway Infrastructure project.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 30.90 as compared to the previous close of Rs. 31.45. The total number of shares traded during the day was 189075 in over 2479 trades.

The stock hit an intraday high of Rs. 31.65 and intraday low of 30.80. The net turnover during the day was Rs. 5861440.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL MOU FrauscherSensorTechnologyIndia SignallingSystem DigitalAxleCounterSystem RailwayProjects