Rail Vikas Nigam inches up on securing contract from Madhya Pradesh Metro Rail Corporation
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Rail Vikas Nigam is currently trading at Rs. 30.40, up by 0.15 points or 0.50% from its previous closing of Rs. 30.25 on the BSE.
The scrip opened at Rs. 30.50 and has touched a high and low of Rs. 30.50 and Rs. 30.25 respectively. So far 113568 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 35.60 on 11-Jan-2021 and a 52 week low of Rs. 18.05 on 04-Nov-2020.
Last one week high and low of the scrip stood at Rs. 30.65 and Rs. 29.75 respectively. The current market cap of the company is Rs. 6307.19 crore.
The promoters holding in the company stood at 78.20%, while Institutions and Non-Institutions held 9.51% and 12.29% respectively.
Rail Vikas Nigam has secured contract from Madhya Pradesh Metro Rail Corporation for ‘Design and Construction of Seven Elevated Metro Rail Stations including Viaduct portion within the stations and Transition spans on either side of the stations, Entry- Exit Structures, Architectural Finishes, E&M Works etc. (ISBT/MR 10 Flyover, Chandragupta Square, Hira Nagar Bapat Square Meghdoot Garden, Vijay Nagar Square & Radisson Square)’ of Indore Metro Rail Project. The company has secured contract for Rs 381.95 crore.
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.
