Rail Vikas Nigam Ltd receives LOA from NTPC for order worth Rs. 495.14 crore

Rail Vikas Nigam Limited has received Letter of Award from National Thermal Power Corporation (NTPC) for "Project Execution Agency (PEA) contract for execution of Balance Civil & HM works of Barrage Complex including part HRT package of Rammam Hydro Electric Project Stage-III (3x40 MW)."

The size of the order is Rs. 495,14,16,130.68 (Rupees Four Hundred Ninety Five Crore Fourteen Lakhs Sixteen Thousand One Hundred and Thirty and Paisa Sixty Eight) excluding GST. (excluding GST @ 18%)

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 368.80 as compared to the previous close of Rs. 353.30. The total number of shares traded during the day was 4291137 in over 50362 trades.

The stock hit an intraday high of Rs. 383.65 and intraday low of 365.35. The net turnover during the day was Rs. 1605651299.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL LOA OrderWin NTPC