RITES Ltd receives LoA from Numaligarh Refinery Ltd

RITES Ltd has received Letter of Award from Numaligarh Refinery Limited for "Railway Sidings at NRL Panchgram Terminal, 3rd Railway Spur at Rangapani (SMT) and Duliajan (Crude Oil TW Loading Railway Siding) of OIL" on turnkey on cost plus mode subject to detailed Engineering approval from Railways.

The order value is Rs. 155.50 Crores excluding GST (including PMC / Consultancy Fees)

Shares of RITES Limited was last trading in BSE at Rs. 223.45 as compared to the previous close of Rs. 230.95. The total number of shares traded during the day was 209374 in over 4276 trades.

The stock hit an intraday high of Rs. 236.00 and intraday low of 222.25. The net turnover during the day was Rs. 47742186.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 OrderWin NumaligarhRefinery