BCPL Railway Infra bags a new project in Northern Sector under Northern Railway

BCPL Railway Infrastructure Limited has received an Electrification project from Northern Railway, Electrical Division, Jalandhar City, Punjab.

This order has been received for the work of Design, Supply, erection, testing & commissioning of 25 KV OHE for the work of "Doubling between Ludhiana-Mullanpur including Ludhiana Yard Remodeling over Firozpur Division" (69 Track Kilometer). The total project cost comprises of Rs. 236.64 million and it is expected to be executed over a period of 18 months.

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 under Northern Railway. The value of this order is Rs.236.64 million and we are quite optimistic about the pipeline of orders in the coming months and in near future also."

"We, at BCPL, have offered our unparalleled services contributing towards connecting the different parts of the country and are confident to continue serving the Indian Railway sector in future. We are quite optimistic about similar projects to come on PAN India basis. There is a constant flow of railway work including modification, laying of new lines, addition of 4 lines in the existing railway tracks, increase in the speed of existing railway lines and we are optimistic that there will be no paucity of work flow in the near future."

Shares of BCPL Railway Infrastructure Ltd was last trading in BSE at Rs. 40.53 as compared to the previous close of Rs. 40.49. The total number of shares traded during the day was 10334 in over 126 trades.

The stock hit an intraday high of Rs. 41.99 and intraday low of 40.50. The net turnover during the day was Rs. 425721.00.

Source : Equity Bulls

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