BCPL Railway Infra bags order worth Rs184.37 million from Tata Steel; stock jumps over 17%

4 Apr 2022 , 12:50 PM

BCPL Railway Infra Limited has informed that Tata Steel Limited has given an order comprising of project cost of Rs184.37 million for Installation of Over Head Electric Equipment Post Tippling Yard at TSM Angul Plant under Khurda Road Division of East Coast Railway.

Contributing towards providing services to the private sidings of limited companies apart from the Indian Railways, BCPL Railway Infrastructure Limited delightfully updated its esteemed stakeholders that the company bagged an order from Tata Steel Limited at its Angul Plant, Narendrapur, PO. Kusupanga, Meramandali, Dist. Dhenkanal, Odisha, India.

“We at BCPL Railway Infrastructure Limited are pleased to inform our stakeholders on our recent order intake from Tata Steel Limited for Installation of Over Head Electric Equipment Post Tippling Yard at TSM Angul Plant under Khurda Road Division of East Coast Railway comprising of project cost of Rs184.37 million,” commented Mr. Aparesh Nandi, Chairman.

BCPL Railway Infrastructure is a company engaged in the field of railway infrastructure development. Its business activities include designing, drawing, supplying, erecting, and commissioning 25KV, 50 Hz Single Phase Traction Overhead Equipment.

BCPL Infra’s stock gained 17.14% so far in today’s trade and is currently trading at Rs47.50 against its previous close of Rs40.55 on BSE. It touched an intraday high and low of Rs48.50 and Rs40.40 respectively.