BCPL Railway Infra receives major order worth Rs. 516 Mn from Rail Vikas Nigam Limited

BCPL Railway Infrastructure Limited is taking pride in updating its esteemed stakeholders that the Company has received a Letter of Acceptance (LOA) from Rail Vikas Nigam Limited.

This is the major order received by the Company for Supply, Erection, Testing & Commissioning of 25KV, 50HZ single phase traction Overhead Equipment (OHE) and switching stations between sections Fakiragram - new bongaigaon (excluding) in Alipurduar division (35RKM/90TKM) in the state of Assam. The total size of the order amounts to ~Rs. 516.04 Mn which is expected to be completed within a period of 6 months from the date of commencement.

Commenting on the same, Mr. Aparesh Nandi, Chairman said, "We at BCPL Railway Infrastructure Limited are delighted to inform our stakeholders on our recent major order intake from the Rail Vikas Nigam Limited. The value of this order is ~Rs. 516.04 Mn and we will be completing this order in allocated timeline as the work on it is progressing at full swing. With this major order we are very sure to end the year on robust order book."

Shares of BCPL Railway Infrastructure Ltd was last trading in BSE at Rs.105.2 as compared to the previous close of Rs. 106.4. The total number of shares traded during the day was 62681 in over 277 trades.

The stock hit an intraday high of Rs. 109 and intraday low of 104.1. The net turnover during the day was Rs. 6698511.

Source : Equity Bulls

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