Rail Vikas Nigam Limited emerges L1 for order worth Rs. 404.40 crores

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from East Coast Railway for "Koraput-Singapur Road Doubling Project: Execution of 27 Nos of Major Bridges i.e. (22 Nos of Major Bridges & 5 Nos of ROBs) and earth work in formation of approaches, protection works and other connected miscellaneous works between Tikiri and Bhalumaska stations in connection with Koraput-Singapur Road Doubling Project of Waltair Divison, East Coast Railway."

The project cost is INR 404,40,32,985.00/- (Rupees Four Hundred Four Crore Forty Lakh Thirty Two Thousand Nine Hundred Eighty Five Only) (Incl. GST).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 409.10 as compared to the previous close of Rs. 425.40. The total number of shares traded during the day was 163346 in over 5956 trades.

The stock hit an intraday high of Rs. 429.30 and intraday low of 404.45. The net turnover during the day was Rs. 68141809.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL OrderWin EastCoastRailway