RS -65,000ctore order book Stock is High label

Rail vikash Nigam limited (RVNL)           was awarded  a contract  by NFR- CONST HQ - ELECTRICAL /N.F.RLY CONSTRUCTION , a part of the  Railway 🚃  for  the  electrification of a new railway line section in india. The  Project involves  and commissioning of a 25 KV , 50 Hz ,single - phase AC electrification system for the Araria -Thakurgang  new line section , which is part of the large Araria - Galgalia new line Project under North East Fortniture Railway The contract, Valued at approximately Rs 95,95,44,54,495 is to be completed within 240 days  in EPC mode (Engineering procurement and construction). This indicates that RVNL will be responsible for the entire project lifecycle, from design and procurement to construction and permissions.   

                                                                     Early, the company was awarded a prestigious contract worth USD 71,52,000 equivalent to Rs59,62,10,00(appx) by  Energy Development Corporation limited for the Rwanda transmission system reinforcement and last mile connectivity project (TSRLMC) for the plant design , supply and installation of 45.8Km ,110KV double circuit Rukarana -Huye- Gisagara transmission lines .The order is bagged in jv partnership with Salasar Technology Engineering Ltd will be completed in 18 months                                                                          

          Today, Shares of Rail Vikas Nigam  plunged 3.19 per cent to Rs 251.70 per share fruits previous closing of rs 260 with an intraday highe of rs 256.15 and an intraday low of rs 220. The stock 52 Week high is rs 345.60 and it's 52 week low is rs 73.53