RVNL JV emerges L1 for order from MPPTCL

Rail Vikas Nigam Limited (RVNL) - SALASAR JV emerges as the Lowest Bidder (L1) from Madhya Pradesh Power Transmission Company Limited (MPPTCL) for "Construction of 132 KV & 220 KV Transmission Lines and associated Feeder Bays on total Turnkey basis in Eastern MP".

The order value is Rs 173,99,04,310 (including GST) - RVNL- 51% & Salasar Techno Engineering Limited - 49%.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 260.55 as compared to the previous close of Rs. 267.20. The total number of shares traded during the day was 1010060 in over 10719 trades.

The stock hit an intraday high of Rs. 273.50 and intraday low of 259.00. The net turnover during the day was Rs. 267549109.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL Salasar JV OrderWin MPPTCL L1