Rail Vikas Nigam Ltd emerges as the Lowest Bidder from Central Railway

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from Central Railway for "OHE modification work for Up-gradation of existing 1 x 25 kV Electric Traction System to 2 x 25 kV AT Feeding System in Amla-Nagpur Section in Nagpur division of Central Railway to meet 3000 MT loading target."

The cost of work is Rs 138,45,86,991.62/- (Rs One Hundred Thirty-Eight Crore Forty-Five Lakh Eighty-Six Thousand Nine Hundred Ninety-One rupees and Sixty-Two paisa) including applicable taxes.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 373.80 as compared to the previous close of Rs. 374.40. The total number of shares traded during the day was 1279858 in over 16964 trades.

The stock hit an intraday high of Rs. 386.50 and intraday low of 369.30. The net turnover during the day was Rs. 481976562.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL L1 OrderWin CentralRailway