Rail Vikas Nigam Ltd JV wins order of Rs. 2248.94 crores

Rail Vikas Nigam Ltd-SCC Infrastructure Pvt. Ltd (RVNL-SCC) JV has received Letter of Award (LOA) for 'Planning, Design and construction of main Canal and Structures including associated distribution system to provide Irrigation facility to 41903 ha. area through Piped Irrigation network for Upper High-Level Canal of Mahi Bajaj Sagar Project, Banswara (Raj) on Engineering, Procurement and Construction (E.P.C.) single Responsibility turnkey basis, including 10 years O&M.'

The cost of project is Rs.2248,94,13,999/- (RVNL Share is 51% and SCC Share is 49%).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 126.75 as compared to the previous close of Rs. 121.90. The total number of shares traded during the day was 7717796 in over 43809 trades.

The stock hit an intraday high of Rs. 127.95 and intraday low of 119.20. The net turnover during the day was Rs. 970917974.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL SCCInfrastructure JV LOA OrderWin