BCPL Railway Infra stock jumps over 8% on bagging two major orders

21 Jun 2022 , 02:40 PM

BCPL Railway Infrastructure Limited has announced that the Company secures two orders – one of 25KV OHE under BSP Division of South East Central Railway and another of TSS (Traction Sub-station) under Delhi Division of Northern Railway.

Contributing towards connecting the rural parts of the Madhya Pradesh, the Company has received work order of Electrification of 3rd Line between Singapur Road to Vilayatkala Road including modification of yards by 2×25 KV OHE in connection with Annuppur to Katni 3rd Line in Bilaspur Division under South East Central Railway, comprising of project cost of Rs392.51 million.

Further the Company has also received a work order of Improvement work at TSS over Delhi Division under Northern Railway, comprising of project cost of Rs13.67 million.

Commenting on the same, Aparesh Nandi, Chairman said, “We at BCPL Railway Infrastructure Limited are pleased to inform our stakeholders on our recent order intake, one 25KV OHE work connecting the rural parts of Madhya Pradesh from Annuppur to Katni 3 Line in Bilaspur Division under South East Central Railway, comprising of project cost of Rs392.51 million and another TSS work over Delhi Division under Northern Railway, comprising of project cost of Rs13.67 million.

The total value of the two orders comprises of Rs406.18 million and we are quite optimistic about similar projects to come on PAN India basis.”

“We, at BCPL, have offered our unparalleled services contributing towards connecting the rural parts of the country and are confident to continue serving the Indian Railways in future. We are quite optimistic about the pipeline of orders in the coming months and expecting to have a robust orderbook soon.”

At around 2:36 PM, BCPL Railway Infrastructure was trading higher by 8.41% at Rs35.45 per share on the BSE.