Rail Vikas Nigam Ltd receives LOA from South Central Railway

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 Ongole (OGL) (Incl) - Gudur (GDR) (Incl) section of Vijayawada Division under South Central Railway, Total 154 RKM/ 462 TKM."

The Cost of work is Rs 242,49,86,547.22/- (Rs Two Hundred Forty-Two Crore Forty-Nine Lakh Eighty-Six Thousand Five Hundred Forty-Seven rupees and Twenty-Two paisa) including applicable taxes.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 260.85 as compared to the previous close of Rs. 262.60. The total number of shares traded during the day was 281929 in over 4297 trades.

The stock hit an intraday high of Rs. 262.05 and intraday low of 251.15. The net turnover during the day was Rs. 71827082.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL OrderWin LOA