Rail Vikas Nigam Ltd's JV emerges L1 for redevelopment of Thiruvananthapuram Central Railway Station

KRDCL- RVNL JV emerges as the Lowest Bidder (L1) from Southern Railway for "Redevelopment of Thiruvananthapuram Central Railway Station on Engineering, Procurement and Construction (EPC) mode."

The project cost is INR 438,95,66,136.98/- (Rupees Four Hundred Thirty Eight Crore Ninety Five Lakh Sixty Six Thousand One Hundred Thirty Six and Paisa Ninety Eight Only) (Incl. GST).

The Share of each member in JV is as following:

M/s KRDCL: 51% (Lead Member)
M/s RVNL: 49% (Other Member)

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 277.30 as compared to the previous close of Rs. 264.10. The total number of shares traded during the day was 1555014 in over 15614 trades.

The stock hit an intraday high of Rs. 280.00 and intraday low of 264.20. The net turnover during the day was Rs. 424320521.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 JV L1 Thiruvananthapuram RailwayStation Redevelopment