BCPL Railway Infra bags a new order from the Rail Infrastructure Development Company Karnataka Ltd

BCPL Railway Infrastructure Limited has received an order from K-Ride "Rail Infrastructure Development Company (Karnataka) Limited".

This order has been received for the work of "25 KV AC, 50 Hz, Single Phase OHE for Doubling of Yeshvantpur - Banasawadi (29 Track Kilometre) incl. construction of Hebbal SP, Modification of Yeshvantpur SSP and Diversion of IR track for 6 nos LC elimination to construct Corridor-2 of BSRP." The total project cost comprises of Rs. 254.71 million and it is expected to be executed over a period of 18 months.

Commenting on the same, Mr. Aparesh Nandi, Chairman said, "We at BCPL Railway Infrastructure Limited are pleased to inform our stakeholders on our recent order intake for the first time with "K-Ride". The value of this order is Rs.254.71 million and we are quite optimistic about the pipeline of orders in the coming months and in near future also. We expect to end the year on robust order book."

"We, at BCPL, have offered our unparalleled services contributing towards connecting the different parts of the country and are confident to continue serving the Indian Railway sector in future. We are quite optimistic about similar projects to come on PAN India basis."

Shares of BCPL Railway Infrastructure Ltd was last trading in BSE at Rs. 42.40 as compared to the previous close of Rs. 42.55. The total number of shares traded during the day was 4990 in over 90 trades.

The stock hit an intraday high of Rs. 43.40 and intraday low of 41.90. The net turnover during the day was Rs. 211259.00.

Source : Equity Bulls

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