Rail Vikas Nigam gains on signing MoU with ICF
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Rail Vikas Nigam is currently trading at Rs. 34.40, up by 0.30 points or 0.88% from its previous closing of Rs. 34.10 on the BSE.
The scrip opened at Rs. 34.65 and has touched a high and low of Rs. 34.65 and Rs. 34.30 respectively. So far 45631 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 44.75 on 25-Oct-2021 and a 52 week low of Rs. 26.35 on 19-Apr-2021.
Last one week high and low of the scrip stood at Rs. 35.10 and Rs. 33.40 respectively. The current market cap of the company is Rs. 7109.92 crore.
The promoters holding in the company stood at 78.20%, while Institutions and Non-Institutions held 9.48% and 12.32% respectively.
Rail Vikas Nigam (RVNL) has signed a memorandum of understanding (MoU) with the Integral Coach Factory (ICF) for manufacture and acquisition of 296 numbers of communication based train control system compliant Metro Coaches for Kolkata Metro Railway project under execution by RVNL. This plan has been made with due regard to Make-in-India/Atmanirbhar programme.
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.
