Rail Vikas Nigam Ltd emerges L1 in reverse auction from South Central Railway

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) in reverse auction from South Central Railway for "Design, Supply, Erection, Testing and Commissioning for OHE up gradation of existing 1X25kV system to 2X25kV AT feeding system with feeder and earthing works in Ramgundam (RDM) - Kazipet (KZJ) section of Secunderabad Division under South Central Railway, Total 92 RKM/ 276 TKM."

The Cost of work is Rs 144,44,51,878.04/- (Rs One Hundred Forty Four Crore Forty Four Lakh Fifty One Thousand Eight Hundred Seventy Eight Rupees and Four Paisa) including applicable taxes.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 331.70 as compared to the previous close of Rs. 336.15. The total number of shares traded during the day was 379700 in over 8720 trades.

The stock hit an intraday high of Rs. 336.00 and intraday low of 328.60. The net turnover during the day was Rs. 126179188.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL L1 LowestBidder ReverseAuction SouthCentralRailway