Era Constructions bags Rs 48.05 cr order from RVNL

Era Constructions India Ltd has bagged an order worth Rs 48.05 crore from Rail Vikas Nigam Ltd (RVNL) for laying of railway tracks.

MUMBAI: Era Constructions India Ltd has bagged an order worth Rs 48.05 crore from Rail Vikas Nigam Ltd (RVNL) for laying of railway tracks.

The order entails the laying of railway track including supply of ballast and sleepers from Km 0.00 to Km 121.41, for gauge conversion of existing Meter Gauge railway line to Broad Gauge line of the Bhildi-Samdari Section on Northern Western Railway.

The company informed the Bombay Stock Exchange that the work is to be executed over a period of 18 months.

The shares of the company were trading at Rs 183.60, down 2.68 per cent on the BSE.
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