RITES Ltd emerges L1 for tender floated by Bangladesh Railway

RITES is the lowest bidder (L-1) in the tender floated by Bangladesh Railway (price proposal opened on October 5, 2023). The estimated order value is approximately USD 111,003,177 (One Hundred Eleven Million Three Thousand One Hundred Seventy Seven US Dollars).

The tender is for procurement of 200 Broad Gauge (BG) Passenger Carriages for Bangladesh Railway.

Shares of RITES Limited was last trading in BSE at Rs. 479.55 as compared to the previous close of Rs. 490.10. The total number of shares traded during the day was 50557 in over 3203 trades.

The stock hit an intraday high of Rs. 490.40 and intraday low of 476.00. The net turnover during the day was Rs. 24331919.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 LowestBidder L1 BangladeshRailway Tender OrderWin