Rail Vikas Nigam Ltd emerges as the Lowest Bidder from Southern Railway

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from Southern Railway for "Provision of MSDAC with existing DCTC at Stations (To serve as Dual detection) and replacing balance AFTCs in MAS- GDR & MSB-TBM automatic block signalling sections of Chennai Division in Southern Railway."

The order value is Rs. 1,11,38,95,411.60/- (Rupees One Hundred Eleven Crore Thirty-Eight Lakh Ninety-Five Thousand Four Hundred Eleven Rupees and Sixty Paisa Only)

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 576.50 as compared to the previous close of Rs. 572.60. The total number of shares traded during the day was 1254044 in over 25177 trades.

The stock hit an intraday high of Rs. 585.65 and intraday low of 575.25. The net turnover during the day was Rs. 724609114.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL OrderWin SouthernRailway L1