Rail Vikas Nigam Ltd consortium receives LOA from NHAI for order

TTIPL-RVNL Consortium (Tracks & Towers Infratech Pvt. Ltd. - Rail Vikas Nigam Limited) received Letter of Award from NHAI for "Construction of 6-lane Greenfield VaranasiRanchi-Kolkata Highway from Sonepurbigha village to junction with NH-22 (Chatra Bypass) near Chatra from km 184.700 to km 222.000 under Bharatmala Pariyojana in the State of Jharkhand on Hybrid Annuity Mode (Package-8)."

The Project Cost excluding GST is Rs. 1271,98,50,000/- (Rupees One Thousand Two Hundred Seventy One Crore Ninety Eight Lacs Fifty Thousand Only).

M/s Tracks & Towers lnfratech Private Ltd.- 51%
M/s Rail Vikas Nigam Limited - 49% (Consortium)

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 68.60 as compared to the previous close of Rs. 67.07. The total number of shares traded during the day was 1837324 in over 8846 trades.

The stock hit an intraday high of Rs. 69.60 and intraday low of 67.34. The net turnover during the day was Rs. 126246654.00.

Source : Equity Bulls

Keywords

RailVikasNigamLimited INE415G01027 542649 RVNL ConstructionandEngineering