Rail Vikas Nigam shines on emerging as lowest bidder from East Coast Railway
Rail Vikas Nigam is currently trading at Rs. 273.20, up by 3.55 points or 1.32% from its previous closing of Rs. 269.65 on the BSE.
The scrip opened at Rs. 273.15 and has touched a high and low of Rs. 275.15 and Rs. 271.55 respectively. So far 210720 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 442.75 on 09-Jun-2025 and a 52 week low of Rs. 248.25 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 311.75 and Rs. 264.55 respectively. The current market cap of the company is Rs. 57004.45 crore.
The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 11.29% and 15.87% respectively.
Rail Vikas Nigam has emerged as the Lowest Bidder (L1) from East Coast Railway for Provision of MSDAC to increase reliability in ABS section from MZY to KUR and at RJGR, JRZ, SSPR, DNKL, HND & TLHD stations of KUR division of East Coast Railway with alteration in Els of M/s HITACHI Rail STS India Make at BBS, MEDHA Servo Drives make at HND, BBSN, MCS & TLHD, M/s Siemens Rail Automation (P) WESTRACE Mk-II make at RJGR, SSPR, DNKL, MZY, GJTA, CBT, SQQ, NRG & CTC, WESTRACE MK-I make at BRAG & RTN, KYOSAN make at JRZ station.
The cost of the project is Rs 164.18 crore and is to be executed within 18 months.
