Titagarh Wagons Ltd and BHEL emerges as L2 for Vande Bharat Trainsets order

The consortium of Titagarh Wagons Limited and Bharat Electricals Limited (TWL-BHEL Consortium) emerges as the 2nd Lowest Bidder (L2) for "Manufacturing cum Maintenance of Vande Bharat Trainsets including Up-gradation of the Government Manufacturing Units & Trainset Depots".

As per financial bid opening dated 01.03.2023, the TWL-BHEL Consortium has been declared L2. The total quantity is 200 Trainsets and as per tender conditions, L2 is eligible to get 80 Trainsets. The quote of L1 bidder is Rs. 120 crores per Trainset.

Shares of Bharat Heavy Electricals Limited was last trading in BSE at Rs. 74.75 as compared to the previous close of Rs. 72.76. The total number of shares traded during the day was 1590562 in over 5515 trades.

The stock hit an intraday high of Rs. 75.73 and intraday low of 72.70. The net turnover during the day was Rs. 119265695.00.

Shares of Titagarh Wagons Limited was last trading in BSE at Rs. 220.85 as compared to the previous close of Rs. 213.10. The total number of shares traded during the day was 202654 in over 7111 trades.

The stock hit an intraday high of Rs. 234.40 and intraday low of 218.00. The net turnover during the day was Rs. 46439511.00.

Source : Equity Bulls

Keywords

BharatHeavyElectricals INE257A01026 BHEL L2 TitagarhWagons INE615H01020 Consortium VandeBharat