RVNL-MPCC JV emerges as the Lowest Bidder for Rs. 174.27 crores order

M/s RVNL-MPCC JV emerges as the Lowest Bidder (L1) for "All civil engineering works (Earthwork, Blanketing, Retaining Wall /Boundary Wall/ Side Drain, Major Bridges, Minor Bridges and LHS/RUB, LCs, Construction of Station Buildings, Platform, Subways cover over Platforms, Staff Quarters, Passenger Amenities, Circulating Area, approach roads, Offices, Service Buildings, watering, Sanitation, protection works etc. and Supply of 50 mm Machine Crushed Stone Ballast, Complete track works including linking of Track works in connection with Gauge Conversion work between Petlad - Bhadran (22.50Kms) of Vadodara Division of Western Railway.

The RVNL Share is 74% and MPCC Share is 26%.

The project cost is Rs. 174,27,33,879.97- (Rupees One Hundred Seventy Four Crore Twenty Seven Lakh Thirty Three Thousand Eight Hundred Seventy Nine and Paisa Ninety Seven Only).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 154.40 as compared to the previous close of Rs. 138.25. The total number of shares traded during the day was 11976982 in over 78590 trades.

The stock hit an intraday high of Rs. 163.45 and intraday low of 141.95. The net turnover during the day was Rs. 1849641265.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL MPCC JV L1