Rail Vikas Nigam surges 4% on securing Rs1034.90cr contract for Indore Metro Rail project

The company secured contract from Madhya Pradesh Metro Rail Corporation Limited for design and construction of Elevated Viaduct.

Sep 20, 2021 11:09 IST India Infoline News Service

Rail Vikas Nigam Ltd has informed to the exchange regarding major order secured by the Company.

The company secured contract from Madhya Pradesh Metro Rail Corporation Limited for design and construction of Elevated Viaduct between Ch. 14+488 and Ch. 25+415, viaduct connecting depot leading upto interface location, 9 elevated metro rail stations including all Civil, Structural, Roof Structure, Mechanical, Electrical and Plumbing (MEP) works, Architectural finishes, Facade, Entry / Exits, FOB, Viaduct within the stations including transition spans for Indore Metro Rail project Yellow Line.

The total contract amount is Rs1034.90cr (Rupees One Thousand Thirty Four Crores Ninety Lakh only).

At around 11:34 AM, Rail Vikas Nigam was trading at Rs31.35 apiece up by Rs1.25 or 4.15% on Sensex.

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