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

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from East Coast Railway for "3rd & 4th line between Jarapada & Talcher Road and Construction of New line between Angul-Balram (MCRL Inner Corridor Phase-I Doubling 14 Kms).: Execution of balance earthwork in formation, minor bridges, major bridges, P.way linking works, supply of ballast, S&T Buildings, Level Crossing and other Misc. works between Jarapada and Talcher Road excluding station yards in connection with 3rd & 4th line of Jarapada-Budhapank Project and between Angul & Balram including yards of MCRL Inner Corridor Phase-I Doubling."

The project cost is INR 283,69,90,691.21/- (Rupees Two Hundred Eighty Three Crore Sixty Nine Lakhs Ninety Thousand Six Hundred Ninety One and Paisa Two One Only) (Incl GST).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 524.70 as compared to the previous close of Rs. 530.45. The total number of shares traded during the day was 145966 in over 4387 trades.

The stock hit an intraday high of Rs. 533.80 and intraday low of 523.05. The net turnover during the day was Rs. 76776739.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL L1 LowestBidder EastCoastRailway