Rail Vikas Nigam Ltd receives LoA from East Coast Railway

Rail Vikas Nigam Limited has received Letter of Acceptance from East Coast Railway for "Provision of Automatic Block Signaling system with dual MSDAC and alteration in existing EI/PI/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 Rupees and Thirty-Five Paisa Only).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 626.55 as compared to the previous close of Rs. 630.00. The total number of shares traded during the day was 5986240 in over 107129 trades.

The stock hit an intraday high of Rs. 645.00 and intraday low of 610.00. The net turnover during the day was Rs. 3778276461.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL LoA OrderWin EastCoastRailway