Ramkrishna Forgings Ltd and Titagarh Wagons Ltd emerge L1 for supply of Forged Wheels

The consortium of Ramkrishna Forgings Limited and Titagarh Wagons Limited (RKFL-TWL Consortium) has emerged as the Lowest Bidder (L1) as per the financial bid opened on 14 March, 2023, for Manufacturing and Supply of Forged Wheels under Aatma-Nirbhar Bharat initiative of the Ministry of Railways, Government of India.

The total quantity of Forged Wheels to be supplied will be around 15,40,000 wheels over a period of 20 (twenty) years.

Shares of Titagarh Wagons Limited was last trading in BSE at Rs. 241.80 as compared to the previous close of Rs. 238.45. The total number of shares traded during the day was 39435 in over 2495 trades.

The stock hit an intraday high of Rs. 244.80 and intraday low of 233.60. The net turnover during the day was Rs. 9412992.00.

Source : Equity Bulls

Keywords

TitagarhWagons INE615H01020 TWL RamkrishnaForgings RKFL L1 ForgedWheelsSupply AatmaNirbharBharat