Rail Stock, RVNL Shares decline despite securing contract from South Eastern Railway
The time needed to complete the order is 24 months. The cost of the project is Rs 210.78 crore.
Rail Stock, RVNL Shares decline despite securing contract from South Eastern Railway
Railway PSU Stock, Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from South Eastern Railway for Design, Supply, Erection, Testing and Commissioning for the upgradation of Electric traction system from 1 x 25 KV to 2 x 25 KV traction system for Kharagpur (Excl.)- Tatanagar (Incl.) section of Kharagpur/Chakradharpur division of South Eastern Railway to meet 3000 MT loading target.
The time needed to complete the order is 24 months. The cost of the project is Rs 210.78 crore.
Shares of the company are trading lower by 3.6% at Rs 380.55. The market capitalization stood at Rs 79.43K crore with a dividend yield of 0.55%.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
