Rail Vikas Nigam Ltd emerges L1 for order from Southern Railway

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from Southern Railway for "Upgradation work of electric traction system from 1x25 kv to 2x25 kv traction system for Salem Jn. (SA)-Podanur Jn. (PTJ) & Irugur (IGU)-Coimbatore Jn. (CBE)-Podanur Jn. (PTJ) section of Salem division of Southern Railway to meet 3000 MT loading target."

The cost of work is Rs. 143,37,87,127.90/-.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 337.55 as compared to the previous close of Rs. 344.25. The total number of shares traded during the day was 237332 in over 3443 trades.

The stock hit an intraday high of Rs. 346.65 and intraday low of 336.30. The net turnover during the day was Rs. 80618257.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL L1 OrderWin