Rail Vikas Nigam gains on signing MoU with Jakson Green for clean energy EPC projects
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Rail Vikas Nigam is currently trading at Rs. 65.29, up by 0.70 points or 1.08% from its previous closing of Rs. 64.59 on the BSE.
The scrip opened at Rs. 65.60 and has touched a high and low of Rs. 65.87 and Rs. 65.14 respectively. So far 289559 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 84.15 on 29-Nov-2022 and a 52 week low of Rs. 29.00 on 21-Jun-2022.
Last one week high and low of the scrip stood at Rs. 65.87 and Rs. 60.30 respectively. The current market cap of the company is Rs. 13644.37 crore.
The promoters holding in the company stood at 78.20%, while Institutions and Non-Institutions held 8.90% and 12.91% respectively.
Rail Vikas Nigam (RVNL) has signed Memorandum of Understanding (MoU) with Jakson Green for Clean Energy EPC Projects Globally. The partnership aims at enabling India's Decarbonizing push and shall bring in synergy in designing, executing and delivering EPC projects globally by both partners. RVNL being an Infrastructure Giant and Jakson being into the renewable energy shall cater to the need for Giga Scale EPC clean energy projects in MENA, CIS and APAC Countries.
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.
