Rail Vikas Nigam Ltd receives LoA for new order

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from Madhya Pradesh Poorv Kshetra Vidyut Vitran Co. Ltd. for "Supply, Installation, Testing and Commissioning of 11 KV line associated works such as 11 KV line Bifurcation, 11 KV line Interconnection, 11 KV line Conductor augmentation, LT AB Cabling augmentation and conversion of LT Bare conductor to AB cabling in Sagar, Damoh, Chhatarpur, Panna, Tikamgarh, Sidhi and Singrauli Circles (Package-12) of MPPKVCL, Jabalpur under Revamped Reforms-Based and ResultsLinked. Distribution Sector Scheme.

The project cost is Rs. 131,98,59,159.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 107.64 as compared to the previous close of Rs. 103.17. The total number of shares traded during the day was 5085324 in over 22812 trades.

The stock hit an intraday high of Rs. 110.95 and intraday low of 103.75. The net turnover during the day was Rs. 548836398.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL OrderWin