Rail Vikas Nigam Ltd merges L1 for contract worth Rs. 221.33 crores

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from South East Central Railway for "Replacement of panel Interlocking with Electronic Interlocking, all indoor and outdoor gears, OFC huts, construction of S&T service buildings & electrification of S&T service buildings including cabling works in adjoining block sections of BSPR, KLPG, ABKP, MZH, HRV, PRDL, KTMA, BJRI, KJZ, MDGR, CHRM, GTK, KL TR, PLAU & KBS stations of Bilaspur Division of South East Central Railway."

The order size is Rs. 221,33,11,931.64/- (Rupees Two Hundred Twenty-One Crore Thirty-Three Lakh Eleven Thousand Nine Hundred Thirty-One and Sixty-Four Paisa Only)

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 283.30 as compared to the previous close of Rs. 295.40. The total number of shares traded during the day was 453821 in over 8337 trades.

The stock hit an intraday high of Rs. 296.30 and intraday low of 282.20. The net turnover during the day was Rs. 131332836.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL L1 OrderWin