Rail Vikas Nigam Ltd emerges L1 for order worth Rs. 148.26 crores

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from SER HQ-ELECTRICAL/SOUTH EASTERN RAILWAY for "Design, Supply, Erection, Testing and Commissioning for upgradation of Electric traction system from 1 x 25 KV to 2 x 25 KV traction system for Kharagpur (Excl.) Bhadrak (Excl.) section of Kharagpur division of South Eastern Railway to meet 3000 MT loading Target."

The cost of work is Rs 148,26,89,066.54/- (Rs One Hundred Fourty-Eight crore twenty-six Lakh Eight Nine Thousand Sixty-Six rupees and Fifty-four paisa) including applicable taxes.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 252.95 as compared to the previous close of Rs. 255.90. The total number of shares traded during the day was 507852 in over 6098 trades.

The stock hit an intraday high of Rs. 259.00 and intraday low of 252.00. The net turnover during the day was Rs. 129155738.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL L1