Rail Vikas Nigam Ltd - KRDCL JV emerges L1 for Southern Railway order

KRDCL-RVNL JV emerges as the Lowest Bidder (L1) from Southern Railway for "Provision of Automatic Signalling on Ernakulam JN(ERS) - Vallattol Nagar (VTK) Section on B-Route of Thiruvananthapuram Division in Southern Railway."

The order size is Rs. 156,47,03,304.52/- (Rupees- One Hundred Fifty Six Crore, Forty Seven Lakh Three Thousand all Thee Hundred Four Rupees and Fifty Two Paisa)

M/s RVNL: 49%
M/s KRDCL: 51%

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 374.40 as compared to the previous close of Rs. 368.80. The total number of shares traded during the day was 2812652 in over 36301 trades.

The stock hit an intraday high of Rs. 382.00 and intraday low of 370.30. The net turnover during the day was Rs. 1055224410.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL JV KRDCL L1 SouthernRailway OrderWin