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Budget News

  • RVNL emerges as L-1 Bidder for Rs 148-cr railway project
  • March 29,2024  13:08
  • The scope of work entails design, supply, erection, testing and commissioning for upgradation of electric traction system from 1 x 25 KV to 2 x 25 KV traction system for Kharagpur ? Bhadrak section of Kharagpur division of South Eastern Railway to meet 3000 MT loading target.

    The contract received from SER HQ-Electrical is valued at Rs 148.26 crore and the order has to be executed within 18 months.

    Rail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.

    The civil construction company reported 6.24% decline in consolidated net profit to Rs 358.57 crore on 6.44% fall in revenue from operations to Rs 4,689.33 crore in Q3 FY24 over Q3 FY23.

    The scrip closed 1.15% lower at Rs 252.95 on Thursday, 28 March 2024. The domestic market is closed today on account of Good Friday.

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"1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
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 4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
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.......... Issued in the interest of Investors"
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