Rail Vikas Nigam Emerges Lowest Bidder for INR2.7 Billion Metro Station Project

MT Newswires Live09:33

Rail Vikas Nigam (NSE:RVNL, BOM:542649) has emerged as the lowest bidder for a contract worth 2.70 billion Indian rupees from the Maharashtra Metro Rail Corporation, according to a Wednesday filing to the stock exchanges.

The project entails the development of 10 elevated metro stations. It is scheduled to be completed in 30 months, the company said in the filing.

Price (INR): ₹479.60, Change: ₹+5.4, Percent Change: +1.14%

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