Rail Vikas Nigam Ltd receives LOA for Rs. 121.05 crores order

Rail Vikas Nigam Limited has received Letter of Acceptance (LOA) for "Provision of E1 based Automatic Signaling with continuous track circuiting and other associated works including suitable Indoor alteration in Electronic Interlocking/RRI/PI stations enroute in Jhansi (incl)-Gwalior (Incl.) section of Jhansi Division of North Central Railway."

The cost of project is Rs. 121,05,77,446.00/- (Rupees One Hundred Twenty One Crore Five Lakh Seventy Seven Thousand Four Hundred Forty Six Only).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 103.17 as compared to the previous close of Rs. 104.60. The total number of shares traded during the day was 5549097 in over 24835 trades.

The stock hit an intraday high of Rs. 106.00 and intraday low of 100.77. The net turnover during the day was Rs. 574738135.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL OrderWin LOA