Rail Vikas Nigam Limited has received LOA from South Central Railway for "Design, Supply, Erection, Testing and Commissioning for OHE upgradation of existing 1X25kV system to 2X25kV at feeding system with feeder and earthing works in Duvvada - Rajahmundry & Samalkot-Kakinada Port section of Vijayawada Division under South Central Railway, Total 195.5 RKM/ 391 TKM."
The Cost of work is Rs 213,22,48,546.62/- (Rs Two Hundred Thirteen Crore Twenty-Two Lakh Forty-Eight Thousand Five Hundred Forty-Six rupees and Sixty-Two paisa) including applicable taxes.
Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 381.55 as compared to the previous close of Rs. 384.65. The total number of shares traded during the day was 178845 in over 3578 trades.
The stock hit an intraday high of Rs. 385.65 and intraday low of 379.55. The net turnover during the day was Rs. 68389393.00.