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

RS 1,813 CRORE ORDER BOOK FII INCREASE STAKE:THIS MULTBAGGER STOCK

Rs 1,813 crore order book new order worth rs 56 crore from HINDUSTAN AERONATICS LTD Astra MICROWAVE PRODUCTS LTD Announced that they company has bagged orders with rs 56 crore for the supply ;installTION ,TESTING and commissioning of the precision aproach Rader [PAR] system with amc for 10 years from HINDUSTAN AERONOTICS LIMITED,BANGLORE. The order will be completed within 10 month from the letter of internetEARLIER, The company as bagged orders worth 385.58 crore for the supply of MPR sub -system from BHARAT ELECTRONICS LIMITED : GHAZIABAD [BEL] The order will be completed 36 month from the letter of internet Astra microwave products catetrs to several key sectors : defence ,space exploration .meterology telecomunication and civil comunication. The company has been of rs 5,995 crore mantaining a healthy DIVIDENT pay out of 29.3 per cent. As a december 31,2023 the company order book stand of rs 1,813crore . which is exulated in the next 12 to 36 month period Adittionaly , as of December 2023 an ace invester ATIM KABRA is ownes 3.53 per cent stake in he company Today,shares of astra microwave products ltd 1.86 percent to rs 634 .60 per share from this previous closing of rs 623. The stock 52 week high is rs 690 per share is low .The stock gave multibigger returns disclamier; THE ARTICLE IS FOR INFORMATIONAL PURPOSE ONLY AND NOT INVESTMENT ADVICE

12 February 2024 Stock market news

 NIFTY-21,616,05.                                                                (-166.45(-0.76%).                                      BANK NIFTY -44.882.06.                                                               752.30(-1.63).                                 Kotak Mahindra Bank highest losses -32.60, Next Bandhan Bank losses -15% then Indus lands Bank 32 %