RVNL Emerge as Lowest bidder for 115 Crores from Central Railway
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RVNL Stock Trading at 269 Rs and gave almost 2% Return in the Last 1 Month. Rail Vikas Nigam Stock has gone through many ups and downs In the last 1 year. Company Stock rose from 250 and reached 645 rs but after that, it’s started going down and reached almost 310 rs in the last 10 days stock started gaining and now trading at 369 Rs.
Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from Central Railway for “OHE modification work for up-gradation of existing 1×25 KV electric traction system to 2×25 KV at feeding system in Itarsi-Amla section in Nagpur division of Central Railway to meet 3000 MT loading target.”
The Project Cost is around 115 Crores and work needs to be completed in 24 Months.
