Rail Vikas Nigam Ltd receives LoA from Southern Railway

Rail Vikas Nigam Limited has received Letter of Acceptance 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. 1,10,86,49,140.99/- (Rupees One Hundred Ten Crore Eighty-Six Lakh Forty-Nine Thousand One Hundred Forty Rupees and Ninety-Nine Paisa Only).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 471.45 as compared to the previous close of Rs. 474.20. The total number of shares traded during the day was 263658 in over 5656 trades.

The stock hit an intraday high of Rs. 479.05 and intraday low of 466.70. The net turnover during the day was Rs. 124401327.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL LoA SouthernRailway