Rail Vikas Nigam Ltd emerges as the Lowest Bidder for East Coast Railway order

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from East Coast Railway for "Provision of Automatic Block Signaling system with dual MSDAC and alteration in existing El/Pl/RRI stations in the section of Jakhapura-Nergundi, Khurda Road-Bhusundpur & Bhusundpur-Golanthra over Khurda Road Division of East Coast Railway."

The order value is Rs. 160,08,57,055.35/- (Rupees One Hundred Sixty Crore Eight Lakh Fifty-Seven Thousand Fifty-Five and Thirty-Five Paisa Only)

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 390.00 as compared to the previous close of Rs. 390.35. The total number of shares traded during the day was 1587433 in over 24853 trades.

The stock hit an intraday high of Rs. 393.30 and intraday low of 386.55. The net turnover during the day was Rs. 618890685.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL LowestBidder L1 OrderWin EastCoastRailway