Title - Kalindee Rail Nirman Engineers bags several new orders

Kalindee Rail Nirman (Engineers) Ltd has garnered three nos of large value projects each of around Rs. 200.00 crores from Railways in the second half of the last year. The Company has also bagged a high value order of Rs. 166 crores from Kolkata Metro. The Company's operations are presently undergoing in various metro rails in the country viz. Jaipur Metro, Bangalore Metro, Kolkata Metro etc. plus Delhi Metro over and above in Indian Railways throughout the country.

The Company's bid for Rs. 246.00 crores with Rail Vikas Nigam Ltd, New Delhi under Ministry of Railways, New Delhi has been successful due to being lowest bidder. Presently order position in the Company is highly comfortable.

Shares of Kalindee Rail Nirman (Engineers) Ltd last traded in BSE at Rs.48.70, down by Rs.1.15 or 2.31%. The stock hit an intraday high of Rs.50.30 and low of Rs.48.

The total traded quantity was 0.32 lakhs compared to 2 week average of 0.32 lakhs