Rail Vikas Nigam Ltd emerges L1 for East Coast Railway order

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from East Coast Railway for "3rd and 4th line between Nergundi-Barang (22Km) and Khurda RoadVizianagaram (363Km) on Bhadrak- Vizianagaram section (385Km): Construction of important Bridge nos. 539 (16x30.5m Open Web Steel Girder over river Birupa at ch.402521m), 544 (32x65.84m Open Web Steel Girder over river Mahanadi at ch.406305m), 553 (18x45.70m Open Web Steel Girder over river Kathjori at ch.411589m), 557 (20x45.70m Open Web Steel Girder over river Kuakhai at ch.414607m) on EPC mode".

The order value is INR 967,92,66,661.70/- (Rupees Nine Hundred Sixty Seven Crore, Ninety Two Lakh, Sixty-Six Thousand, Six Hundred Sixty-One Rupees And Seventy Paise Only), including 18% GST.

Shares of Rail Vikas Nigam Limited was last trading in BSE at Rs. 287.15 as compared to the previous close of Rs. 272.00. The total number of shares traded during the day was 1143382 in over 12544 trades.

The stock hit an intraday high of Rs. 288.80 and intraday low of 276.70. The net turnover during the day was Rs. 324457869.00.

Source : Equity Bulls

Keywords

RailVikasNigam INE415G01027 RVNL L1 EastCoastRailway