Rail Vikas Nigam Ltd receives LoA from NHAI for HAM project

Rail Vikas Nigam Limited has received Letter of Acceptance from National Highway Authority of India for "Construction of 6 lane Access Controlled connectivity to Visakhapatnam Port Road from Km 0.000 (Sabbavaram bypass of Anakapalli - Anandapuram corridor) to Km 12.660 (Sheelanagar junction) of NH 516C on Hybrid Annuity Mode in the State of Andhra Pradesh under NH (O) on Hybrid Annuity Mode."

The project cost is Rs. 554,64,84,000/- (Rupees Five order( s )/Hundred Fifty Four Crore Sixty Four Lakh Eighty Four Thousand Only) (Exel. GST)

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 358.05 as compared to the previous close of Rs. 353.60. The total number of shares traded during the day was 692208 in over 9575 trades.

The stock hit an intraday high of Rs. 366.70 and intraday low of 351.40. The net turnover during the day was Rs. 248196667.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL LOI OrderWin NHAI HAMProject