Rail Vikas Nigam Ltd receives LOA from Maharashtra Metro Rail Corporation Ltd

Rail Vikas Nigam Limited has received Letter of Acceptance (LOA) from Maharashtra Metro Rail Corporation Limited for "Design and Construction of Elevated Viaduct of Length 4.519 Kms from CH: (-) 1079.899m to CH: (-) 5599.298m between PCMC and NIGDI (Bhakti Shakti) on the North-South Corridor of Pune Metro Rail Project - Reach 1 - Extension."

The order value is Rs. 339,23,39,131.520 (Three Hundred Thirty-Nine Crore Twenty-Three Lakh Thirty-Nine Thousand One Hundred Thirty-One Rupees and Fifty-Two Paisa Only) inclusive of 18% GST.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 245.80 as compared to the previous close of Rs. 243.40. The total number of shares traded during the day was 1478110 in over 15271 trades.

The stock hit an intraday high of Rs. 250.50 and intraday low of 232.35. The net turnover during the day was Rs. 354544932.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL LOA OrderWin