Rail Vikas Nigam Ltd emerges L1 for order worth Rs. 739.07 crores

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) for "Development of Distribution Infrastructure at CENTRAL ZONE of Himachal Pradesh under the Revamped Reforms-based and Results-linked, Distribution Sector Scheme [Loss Reduction Works] Tender No. [CE(MM)/RDSS-(P-1.1)/Central Zone] declared by HPSEBL".

The cost of work is Rs 739,07,41,040/- (Rs Seven Hundred thirty- Nine Crore Seven Lakh forty- One Thousand Forty rupees) including applicable taxes.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 606.65 as compared to the previous close of Rs. 552.70. The total number of shares traded during the day was 5857458 in over 98390 trades.

The stock hit an intraday high of Rs. 607.95 and intraday low of 555.55. The net turnover during the day was Rs. 3446485684.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL L1 OrderWin