Rail Vikas Nigam Ltd receives LoA from East Central Railway

Rail Vikas Nigam Limited has received Letter of Acceptance from East Central Railway for "Design, Supply, Erection, Testing and Commissioning of 2x25KV feeder line along the track with 25KV OHE modification works to meet 3000 MT loading target for UP & DN line of Garwa Road - Mahadiya Section of Dhanbad Division under E.C. Railway (Total 229/458 RKM/TKM) (Tender No: EL-Proj-DNR-ETEN-04-23-24)."

The cost of work is Rs. 180,00,96,810.08/- including applicable taxes.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 469.60 as compared to the previous close of Rs. 450.90. The total number of shares traded during the day was 875727 in over 17341 trades.

The stock hit an intraday high of Rs. 472.30 and intraday low of 460.50. The net turnover during the day was Rs. 408799396.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL LoA OrderWin EastCentralRailway