Rail Vikas Nigam Ltd emerges L1 for Central Railway order

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from Central Railway for Design, Supply, Erection, Testing & Commissioning of 132/55 KV Traction Substation, Sectioning post (SPs) and Sub sectioning post (SSPs) in 2 x 25 KV Traction System (Scott Connected Transformer) of Bhusaval - Khandwa Sections of Central Railway, to meet 3000 MT loading target on EPC mode.

The Cost of work is Rs 137,16,51,391.19/- (Rs One Hundred Thirty-seven Crore Sixteen Lakh Fifty-one Thousand Three Hundred ninety-one rupees and nineteen paisa) # including applicable taxes.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 425.40 as compared to the previous close of Rs. 427.65. The total number of shares traded during the day was 81672 in over 2356 trades.

The stock hit an intraday high of Rs. 432.25 and intraday low of 424.00. The net turnover during the day was Rs. 34870818.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL L1 OrderWin CentralRailway