Rail Vikas Nigam Ltd receives LOA from East Coast Railway

Rail Vikas Nigam Limited has received LOA from East Coast Railway for "3rd and 4th line between NergundiBarang (22Km) and Khurda Road-Vizianagaram (363Km) on Bhadrak- Vizianagaram section (385Km): Construction of important Bridge nos. 539 (16x30.5m Open Web Steel Girder over river Birupa at ch.402521m), 544 (32x65.84m Open Web Steel Girder over river Mahanadi at ch.406305m), 553 (18x45.70m Open Web Steel Girder over river Kathjori at ch.411589m), 557 (20x45.70m Open Web Steel Girder over river Kuakhai at ch.414607m) on EPC mode."

The order size is Rs. 967,92,66,661.70 (Rupees Nine Hundred And SixtySeven Crore Ninety-Two Lakh Sixty-Six Thousand Six Hundred And Sixty-One Rupees And Seventy Paise Only), including 18% GST.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 245.25 as compared to the previous close of Rs. 241.20. The total number of shares traded during the day was 923295 in over 8596 trades.

The stock hit an intraday high of Rs. 246.35 and intraday low of 240.10. The net turnover during the day was Rs. 224583280.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL OrderWin LOA EastCoastRailway