Rail Vikas Nigam consortium receives LoA from NHAI for project

Rail Vikas Nigam Limited (RVNL) in named RVNL - SP Singla Constructions Pvt. Ltd. (Consortium) has been awarded Letter of Acceptance (LoA) by National Highways Authority of India (NHAI) on 11.07.2022 regarding Construction of 4 laning of NH-5 from Kaithlighat to Shakral Village (Shimla Bypass Package I: from Km 128.835 to Km 146.300 for Design Length = 17.465 km) in Himachal Pradesh on Hybrid Annuity Mode. The total estimated cost of the project is Rs. 1844.77 Cr. (Rs. One Thousand Eight Hundred Forty-Four Crore & Seventy-Seven Lacs only).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 30.95 as compared to the previous close of Rs. 31.00. The total number of shares traded during the day was 196028 in over 1528 trades.

The stock hit an intraday high of Rs. 31.25 and intraday low of 30.80. The net turnover during the day was Rs. 6071697.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL Consortium LoA NHAI HAMRoadProject