Rail Vikas Nigam Ltd receives LOA from Central Railway for order worth Rs. 138.45 crores

Rail Vikas Nigam Limited has received Letter of Acceptance from Central Railway for "OHE modification work for Up-gradation of existing 1 x 25 kV Electric Traction System to 2 x 25 kV AT Feeding System in Amla-Nagpur Section in Nagpur division of Central Railway to meet 3000 MT loading target."

The order value is Rs. 138,45,86,991.62 (including applicable taxes).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 630.00 as compared to the previous close of Rs. 610.55. The total number of shares traded during the day was 10108583 in over 151678 trades.

The stock hit an intraday high of Rs. 643.95 and intraday low of 605.65. The net turnover during the day was Rs. 6338965873.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL LOA OrderWin CentralRailway