Rail Vikas Nigam Ltd receives LOA for Rs. 311.17 crores order

Rail Vikas Nigam Ltd (RVNL) has received LOA for "Construction of 4 Nos. Tunnels (total Length 1.6km) with ballast less track, Earthwork in formation, Construction of Important Bridges (2nos), Major Bridges (1no), Minor Bridges (25nos), Supply of Stone ballast, Track linking, side drain retaining wall etc. from Km 831.8 to Km 841.9 in Dharakoh Maramjhiri section in connection with third line."

The value of the order is Rs. 311,17,66,199.68 (Rupees Three Hundred And Eleven Crore Seventeen Lakh Sixty Six Thousand One Hundred And Ninety-Nine Rupees And Sixty Eight Paise Only).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 156.90 as compared to the previous close of Rs. 158.40. The total number of shares traded during the day was 380328 in over 4005 trades.

The stock hit an intraday high of Rs. 158.35 and intraday low of 156.70. The net turnover during the day was Rs. 59824010.00.

Source : Equity Bulls

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RailVikasNigam INE415G01027 RVNL OrderWin