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BCPL Railway Infrastructure has received a LOA from Railway Vikas Nigam. This LOA has been received for deployment of 25KV OHE Gang to complete the residual overhead (OHE) adjustment works and provision of bonding/earthing work and safety related works in section Sreerampur Assam - Fakiragram of NF Railway. It is expected to be executed over a period of 45 days. The recent order adds to the strong orderbook position for the Company of around Rs. 165 crore. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) ....
BCPL Railway Infrastructure spurted 2.50% to Rs 81.85 after the company received a Letter of Acceptance (LOA) from Railway Vikas Nigam (RVNL). The LOA has been received for deployment of 25 KV OHE Gang to complete the residual overhead (OHE) adjustment works and provision of bonding/earthing work and safety related works in section Sreerampur Assam - Fakiragram of NF Railway. It is expected to be executed over a period of 45 days. The recent order adds to the strong orderbook position for the company of around Rs 165 crore. On the technical front, the stock s RSI (relative strength index) stood at 41.922. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. ....
Domestic equity benchmarks declined for second trading session on Friday. Resurgent worries about rising US bond yields hit global stocks. Firm crude oil prices also spooked investors. Higher crude oil prices could increase fiscal deficit, current account deficit and stoke fuel price inflation. The Nifty closed below the crucial 15,000 mark. The S&P BSE Sensex, tumbled 440.76 points or 0.87% at 50,405.32. The Nifty 50 index slumped 142.65 points or 0.95% at 14,938.60. Both these indices have fallen a little over 2% each in two consecutive sessions. ICICI Bank (down 1.80%), HDFC (down 1.55%), HDFC Bank (down 1.52%) and Infosys (down 1.07%) were major drags today. Selling was broad based. The S&P BSE Mid-Cap index fell 1.89% and the S&P BSE Small-Cap index tumbled 1.50%. Both these indices saw profit taking after rallying over 5% in the past four days. ....
Read more about Sensex drops 440 pts amid weak global cues, firm crude oil prices on Business Standard. As per the provisional closing data, the S&P BSE Sensex, tumbled 440.76 points or 0.87% at 50,405.20. The Nifty 50 index slumped 142.65 points or 0.95% at 14,938.60. ....
Indices off day's low; Heranba Industries lists at 43% premium business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.