Rail Vikas Nigam Ltd emerges L1 for Southern Railway order

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from Southern Railway for "Design, Supply, Erection, Testing & Commissioning of Traction Sub Stations (Scott-Connected) Inclusive of Power Quality Compensating Equipment with Associated Switching Posts (SP/SSP) for 2x25 kV AT Feeding System and SCADA & Automatic Fault Locator (AFL) In Jolarpettai Jn. - Salem Jn. (JTJ-SA) Section of Salem Division of Southern Railway in Connection with Mission 3000MT Loading Target."

The Cost of work is Rs 145,34,66,865.48/- (Rs One Hundred Forty-Five Crore Thirty-Four Lakh Sixty-Six Thousand Eight Hundred Sixty-Five rupees and Forty Fight paisa) including applicable taxes.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 358.95 as compared to the previous close of Rs. 363.40. The total number of shares traded during the day was 303723 in over 4487 trades.

The stock hit an intraday high of Rs. 367.95 and intraday low of 357.30. The net turnover during the day was Rs. 110603635.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL OrderWin SouthernRailway