Rail Vikas Nigam Ltd emerges L1 for South Western Railway order

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from South Western Railway for "Engineering, Procurement and Construction (EPC) for Design, Supply, Erection, Testing, Commissioning of 2x25 KV OHE & PSI System (TSSs, SPs & SSPs) including Electrical General Services, Engineering & Telecommunication works between Rayadurga (Excl.) (CH:205/463) Topavagada (Incl.) (CH: 106/000) of TK-RDG Section (99.463 RKM/114.145 TKM)."

The Cost of work is Rs 156,35,81,976.60/ - (Rs One Hundred Fifty-Six Crore Thirty-five Lakh Eighty-one Thousand Nine Hundred Seventy-Six rupees and Sixty paisa) including applicable taxes.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 371.60 as compared to the previous close of Rs. 381.35. The total number of shares traded during the day was 1068689 in over 15234 trades.

The stock hit an intraday high of Rs. 392.75 and intraday low of 367.90. The net turnover during the day was Rs. 406594657.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL L1 OrderWin