Data will be updated when it becomes available.
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In today's trading session, Railtel's shares have also dropped by 20%, marking the largest one-day decline the stock has experienced since its 2021 IPO.
The company also secured a letter of award (LoA) from the Himachal Pradesh State Electricity Board for infrastructure development in both the North and South zones, with project costs of ₹409.65 Crore and ₹888.56 Crore, respectively, to be completed within 24 months.
The projects are estimated to have a total cost of ₹410 Crore and ₹888 Crore, respectively.
According to the company's exchange statement, the order is projected to be implemented in about three years, with a total cost of ₹543 Crore.
The Vande Bharat trains accounted for around ₹9,000 Crore of the whole order book.
RVNL's quarterly profit dropped to ₹359 Crore, down 6.2% YoY, attributed to weak topline and operating performance.
MP Madhya Kshetra Vidyut Vitran Co.'s order covers the delivery, installation, testing, etc.
RVNL also entered into a contract with REC, disclosed in a separate filing with the BSE on January 2
The project's total cost is Rs 123.36 crore, and it has been awarded to the joint venture between KRDCL and RVNL.
The company is expected to execute the project in a period of 1,092 days.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.