Rail Vikas Nigam Ltd JV emerges L1 for 5 stations under Indore Metro Rail Project

M/s RVNL-URC JV emerges as the Lowest Bidder (L1) for "Part Design and Construction of Elevated Viaduct, Five (5) Elevated Metro Rail Stations (viz. Shaheed Bagh, Khajrana Chauraha, Bengali Chauraha, Patrakar Colony & Palasia Chauraha) and Ramp between Chainages 31+755 to 34+898.061 & 3+669.547 to 5+862 for Indore Metro Rail Project.

The order size is Rs. 543,00,00,000.00 (Rupees Five Hundred Forty-Three Crore Only) excl. GST (RVNL - 51% and URC - 49%).

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 171.20 as compared to the previous close of Rs. 170.10. The total number of shares traded during the day was 2739161 in over 22414 trades.

The stock hit an intraday high of Rs. 175.85 and intraday low of 169.55. The net turnover during the day was Rs. 474491828.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL JV OrderWin