Rail Vikas Nigam Ltd receives LoA from NMDC

Rail Vikas Nigam Limited has received Letter of Award of Contract from NMDC Limited for "Setting up of Buffer Stockpiles & Blending Yard of 10 MTPA handling capacity at Vizag, Andhra Pradesh".

The order size is Rs. 2977 Cr. (Rupees Two Thousand Nine Hundred and Seventy Seven Crores Only) including GST@ 18%.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 244.10 as compared to the previous close of Rs. 247.65. The total number of shares traded during the day was 735557 in over 8856 trades.

The stock hit an intraday high of Rs. 246.65 and intraday low of 242.35. The net turnover during the day was Rs. 179699226.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL OrderWin LOA