BCPL Railway Infrastructure Emerges as Lowest Bidder for Eastern Railway Contract; Shares Plummet 6%

MT Newswires Live

05/06

BCPL Railway Infrastructure (NSE:BCPL, BOM:542057) emerged as the lowest bidder (L1) for a contract worth around 62.3 million Indian rupees from the Howrah division of Eastern Railway, according to a Tuesday filing on Indian bourses.

Shares of the company fell nearly 6% in Wednesday's trade.

The project involves replacement of old and rusted cantilever assemblies in the Howrah division, the filing said.

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