Rail Vikas Nigam Ltd emerges L1 for project worth Rs. 358.97 crores

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from EastCentral Railway for "Construction of doubling work including earth work, blanketing, minor bridges, major bridges, station & other buildings, platform work, LC work and other miscellaneous works for 25T Indian Railway Standard Loading from Kundawa Chainpur (excl.) to Raxaul (excl.) (i.e. Ch.145.500 to 186.540) (total- 41.04 km) in connection with doubling of Sitamarhi-Raxaul section in Samastipur Division of East Central Railway.

The size of the project is INR 358,97,42,420.53./- (Rupees Three hundred fifty-eight crores, ninety-seven lakhs, forty-two thousand, four hundred twenty rupees and fifty-three paise only), including 18 % GST.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 225.45 as compared to the previous close of Rs. 226.45. The total number of shares traded during the day was 876989 in over 7152 trades.

The stock hit an intraday high of Rs. 227.65 and intraday low of 224.45. The net turnover during the day was Rs. 197588115.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL ConstructionandEngineering L1 LowestBidder