Rail Vikas Nigam Limited - Bhartia JV receives LOA for Rs. 560.26 crores project

Rail Vikas Nigam Limited (RVNL) in JV named RVNL - Bhartia JV has been awarded Letter of Acceptance (LoA) on 30.05.2022 regarding Construction of Single Line BG Tunnel No. 06 (approximate total length 4930m), including Escape Tunnel, Cut and Cover, Earthwork in Bank & Cutting to make formation, Security Barrack and other protection and ancillary woks in connection with DMV-Kohima New BG Line Project by Northeast Frontier Railway. The total estimated cost of the project is Rs. 560.26 Cr.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 32.40 as compared to the previous close of Rs. 32.30. The total number of shares traded during the day was 173879 in over 1596 trades.

The stock hit an intraday high of Rs. 32.90 and intraday low of 32.30. The net turnover during the day was Rs. 5673923.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL Bhartia JV OrderWin