Rail Vikas Nigam Ltd emerges L1 for Central Railway order

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from Central Railway for “OHE modification work for up-gradation of existing 1x25 KV electric traction system to 2x25 KV at feeding system in Itarsi-Amla section in Nagpur division of Central Railway to meet 3000 MT loading target."

The cost of work is Rs 115,79,37,241.11/- (Rs One Hundred Fifteen Crore Seventy-Nine Lakh Thirty-seven Thousand Two Hundred Forty-one rupees and eleven paisa) including applicable taxes.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 371.55 as compared to the previous close of Rs. 361.25. The total number of shares traded during the day was 891057 in over 10628 trades.

The stock hit an intraday high of Rs. 379.90 and intraday low of 365.00. The net turnover during the day was Rs. 333358353.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL L1 OrderWin CentralRailway