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Stock Report
BCPL Railway Infra bags two orders
Posted On : 2022-06-21 14:32:28( TIMEZONE : IST )
BCPL Railway Infrastructure Limited has secured two orders - one of 25KV OHE under BSP Division of South East Central Railway and another of TSS (Traction Sub-station) under Delhi Division of Northern Railway.
Contributing towards connecting the rural parts of the Madhya Pradesh, the Company has received work order of Electrification of 3rd Line between Singapur Road to Vilayatkala Road including modification of yards by 2x25 KV OHE in connection with Annuppur to Katni 3rd Line in Bilaspur Division under South East Central Railway, comprising of project cost of Rs. 392.51 million.
Further the Company has also received a work order of Improvement work at TSS over Delhi Division under Northern Railway, comprising of project cost of Rs. 713.67 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, one 25KV OHE work connecting the rural parts of Madhya Pradesh from Annuppur to Katni 3 Line in Bilaspur Division under South East Central Railway, comprising of project cost of Rs. 392.51 million and another TSS work over Delhi Division under Northern Railway, comprising of project cost of Rs. 713.67 million. The total value of the two orders comprises of Rs. 406.18 million and we are quite optimistic about similar projects to come on PAN India basis."
"We, at BCPL, have offered our unparalleled services contributing towards connecting the rural parts of the country and are confident to continue serving the Indian Railways in future. We are quite optimistic about the pipeline of orders in the coming months and expecting to have a robust orderbook soon."
Shares of BCPL Railway Infrastructure Ltd was last trading in BSE at Rs. 32.70 as compared to the previous close of Rs. 32.95. The total number of shares traded during the day was 12643 in over 218 trades.
The stock hit an intraday high of Rs. 34.00 and intraday low of 31.85. The net turnover during the day was Rs. 410189.00.
