BCPL Railway Infra bags orders from Indian Railway

BCPL Railway Infrastructure Limited has announced about three orders bagged under different zones of Indian Railways. The Company has signed an agreement for execution of 25 KV Electrification work over Firozpur Division of Northern Railway comprising of Rs. 53.26 million and is expected to be executed over a period of 9 months.

Orders have been received for execution of Traction Substation work at Barasat under Sealdah Division of Eastern Railway comprising of Rs 24.98 million and is expected to be executed over a period of 12 months.

Another order has been received for providing and laying concrete for foundation work in connection with Araria-Galgalia RE Project of N. F. Railway under Rail Vikas Nigam Limited comprising of Rs. 4.7 million and is expected to be executed over a period of 30 days.

Commenting on the same, Mr. Aparesh Nandi, Chairman said, "We at BCPL Railway Infrastructure Limited are pleased to inform our stakeholders on our recent order intake under various zones of Indian Railways. We are quite optimistic about the pipeline of orders in the coming months."

"We, at BCPL, have offered our unparalleled services contributing towards connecting the different parts of the country especially connecting the North East and rural parts of the country and are confident to continue serving the Indian Railway sector in future. We are quite optimistic about similar projects to come on PAN India basis. There is a constant flow of railway work including EPC orders, modification work, laying of new lines, addition of 3™ and 4™ lines in the existing railway tracks, increase in the speed of existing railway lines and we are optimistic that there will be no paucity of work flow in the near future."

Shares of BCPL Railway Infrastructure Ltd was last trading in BSE at Rs. 92.30 as compared to the previous close of Rs. 94.15. The total number of shares traded during the day was 19500 in over 375 trades.

The stock hit an intraday high of Rs. 92.30 and intraday low of 92.30. The net turnover during the day was Rs. 1799850.00.

Source : Equity Bulls

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