Rail Vikas Nigam Ltd receives LOA from NMDC

Rail Vikas Nigam Limited has received LOA from National Mineral Development Corporation (NMDC) Limited for "Refurbishment of Permanent Way of NMDC Sidings & Mobile Equipment Tracks including Maintenance at Kirandul & Bacheli, Chhattisgarh."

The aforesaid work is in the normal course of business of the Company.

The order value is INR 95,27,00,000/- (Rupees Ninety Five Crores Twenty Seven Lakhs Only). including 18% GST.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 271.25 as compared to the previous close of Rs. 279.50. The total number of shares traded during the day was 232054 in over 3785 trades.

The stock hit an intraday high of Rs. 280.40 and intraday low of 270.50. The net turnover during the day was Rs. 63571759.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL LOA NMDC