Rail Vikas Nigam Ltd receives LOA from Central Railway

Rail Vikas Nigam Limited has received LOA from Central Railway for "Design, Supply, Erection, Testing & Commissioning of 220/132/55 KV Traction Substation, Sectioning post (SPs) and Sub sectioning post (SSPs) in 2 x 25 KV Traction System (Scott Connected Transformer) of Daund - Solapur Sections of Central Railway, to meet 3000 MT loading target on EPC mode."

The Cost of work is Rs. 270,22,24,735.83 (Rupees Two Hundred and Seventy Crore Twenty-Two Lakh Twenty-Four Thousand Seven Hundred and ThirtyFive Rupees and Eighty-Three Paisa Only) including applicable taxes.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 319.30 as compared to the previous close of Rs. 312.15. The total number of shares traded during the day was 1056247 in over 11736 trades.

The stock hit an intraday high of Rs. 321.00 and intraday low of 310.00. The net turnover during the day was Rs. 333564913.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL LOA CentralRailway