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Rail Vikas Nigam re-appoints Rakesh Bhalla as independent director

Rail Vikas Nigam re-appointed Rakesh Bhalla as an independent director effective August 25, 2026. The Board approved the move via resolution by circulation on August 27, 2026. Bhalla will serve a three-year term following his initial appointment in August 2026. The filing confirms no relationship between Bhalla and other board members.

26Aug 26

RVNL fined ₹9.66 lakh by NSE for board composition non-compliance

Rail Vikas Nigam fined ₹9,66,420 by NSE for Q4FY26 board composition lapses. Violations relate to SEBI LODR Regulations 17(1), 18(1), and 19(1)(2). Company cites government-controlled director appointments as cause. Management seeks fine waiver citing previous exemptions by exchanges.

25Aug 26

RVNL shareholders approve ₹0.71 dividend, board appointments at AGM

RVNL shareholders approved a final dividend of ₹0.71 per share for FY26 with 99.62% support. Board appointed Saleem Ahmed as CMD, Amit Tandon as Director (Projects), and Bhartesh Kumar Jain as Govt Nominee Director. Institutional investors participated heavily, voting on ~95% of outstanding shares across resolutions. Reappointments of retiring directors Anupam Ban and Mritunjay Pratap Singh passed despite ~25% institutional dissent.

21Aug 26

Rail Vikas Nigam files FY26 annual report with C&AG comments

Rail Vikas Nigam uploaded its updated FY26 annual report. The filing now includes Comptroller and Auditor General of India comments. C&AG remarks are incorporated from page 435 onwards. The report was initially filed on August 1, 2026, pending these comments.

20Aug 26

Rail Vikas Nigam secures order valued at ₹161 crore

Rail Vikas Nigam has secured a new order worth ₹161 crore. The contract adds to the company's order book, representing a fresh business win for the state-owned rail infrastructure firm. No additional details on the project scope or client were available in the source data.

18Aug 26

Rail Vikas Nigam Q1FY27 net profit rises 19% to ₹159.52 crore

Rail Vikas Nigam posted a 19% YoY rise in Q1FY27 net profit to ₹159.52 crore, aided by a 10.6% revenue jump to ₹4,321.23 crore. EBITDA margins expanded significantly to 4.41%. Management guided for 15-20% annual profit growth, backed by a ₹93,492 crore order book and diversification into non-rail sectors.

06Aug 26

Rail Vikas Nigam to host Q1 FY27 earnings call on Aug 13

Rail Vikas Nigam Limited scheduled an investor conference call for August 13, 2026, to review Q1FY27 results. The call, compliant with SEBI regulations, features key management personnel including CMD Saleem Ahmad and CFO Chandan Kumar Verma. Investors can join via registered links or international dial-in numbers.

03Aug 26

RVNL sets Aug 25 for 23rd AGM; final dividend of ₹0.71 per share on agenda

RVNL's 23rd AGM on August 25, 2026, focuses on approving a ₹0.71 final dividend and board appointments amidst a 32.66% PAT decline to ₹800.48 crore in FY26. Key dates include a record date of August 18 and remote e-voting from August 22-24.

01Aug 26

Rail Vikas Nigam accepts Vegi Ramu Naidu's resignation as ED (Civil)

Rail Vikas Nigam Limited has accepted the resignation of Vegi Ramu Naidu, Executive Director (Civil), due to superannuation. He ceases to be part of senior management effective August 1, 2026, following his relief from services on July 31, 2026. The company complied with SEBI Regulation 30 disclosures.

01Aug 26

Rail Vikas Nigam reports surge in energy use, Scope 2 emissions in FY26 BRSR

Rail Vikas Nigam Limited's FY26 BRSR reveals a sharp rise in energy use and Scope 2 emissions due to new office operations. The report, assured by CNK and Associates LLP, notes data gaps in waste and fuel coverage but confirms zero safety fatalities. CSR initiatives focused on aspirational districts, benefiting over 100,000 individuals from vulnerable groups.

30Jul 26

Rail Vikas Nigam Relieves Manish Agarwal as Pr. Executive Director (Mechanical) on 30 July 2026

Rail Vikas Nigam Limited has disclosed that Shri Manish Agarwal, Principal Executive Director (Mechanical), was relieved from the company's services on 30 July 2026 due to repatriation to his parent cadre. The Railway Board approved his appointment as General Manager, Integral Coach Factory (ICF), Chennai, vide Office Order No. E(O)III-2026/PM/77 dated 27 July 2026. He ceases to be part of the Senior Management of Rail Vikas Nigam Limited with effect from 30 July 2026. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

29Jul 26

Rail Vikas Nigam appoints BRSLN Murty as Executive Director

Rail Vikas Nigam Limited promotes BRSLN Murty to Executive Director (Civil), Nagpur, effective July 29, 2026. The appointment, approved by the Departmental Promotion Committee, places him in the IDA Pay Scale of ₹1,50,000-3,00,000. Murty, who secured All India Rank-1 in Civil Engineering in 2002, will continue overseeing the Yavatmal-Nanded New Line Project.

28Jul 26

Rail Vikas Nigam closes South Africa subsidiary, appoints cost auditor

Rail Vikas Nigam Limited approved the closure of its subsidiary RVNL Infra South Africa and appointed M/s. R.M. Bansal & Co. as Cost Auditor for FY2026-27. The Board also extended the internal audit contract with M/s. Ravi Rajan & Co. LLP until September 30, 2026.

20Jul 26

RVNL wins ₹359 Cr East Central Railway contract

Rail Vikas Nigam has emerged as the lowest bidder for a ₹358.97 crore EPC contract awarded by East Central Railway. The project involves 41.04 km of doubling work in the Sitamarhi-Raxaul section, including bridges and station buildings, with a completion timeline of 1095 days.

17Jul 26

RVNL signs MoU with Goa Government for infrastructure projects

Rail Vikas Nigam Limited signed an MoU with the Government of Goa for cooperation on infrastructure projects. RVNL will serve as the Project Executing Agency for project identification and implementation under mutually agreed terms.

15Jul 26

RVNL appoints Shri Jay Singh as Executive Director (S&T)

Rail Vikas Nigam Limited has appointed Shri Jay Singh as Executive Director (S&T) effective July 15, 2026, on an immediate absorption basis. He brings over 27 years of experience in railway signalling and telecommunication systems, having previously worked with Indian Railways and metro rail corporations. The appointment is in the E-9 grade with a pay scale of ₹1,50,000–3,00,000.

13Jul 26

Rail Vikas Nigam appoints Suyash Trivedi as Executive Director (Civil)

Rail Vikas Nigam Limited appointed Shri Suyash Trivedi as Executive Director (Civil) in Kolkata effective July 13, 2026. He brings over 29 years of experience from organizations like DMRC and MMRC. The appointment is on an immediate absorption basis in the E-9 grade.

22Jun 26

RVNL Secures New Order Worth ₹30 Billion

Rail Vikas Nigam has secured a new order valued at ₹30 billion, representing a significant contract addition to its portfolio. Further details regarding the nature of work, awarding authority, project location, and execution timeline were not disclosed in the source data.

21Jun 26

Rail Vikas Nigam wins ₹2977 Cr order from NMDC for Vizag project

Rail Vikas Nigam Limited has secured a ₹2977 Cr contract from NMDC Limited for setting up buffer stockpiles and a blending yard with a capacity of 10 MTPA at Vizag, Andhra Pradesh. The project, to be executed over 42 months, includes GST at 18% and was awarded in the normal course of business. The company confirmed there are no related party transactions or promoter interests involved in the deal.

18Jun 26

Rail Vikas Nigam Wins ₹967.93 Cr EPC Order from East Coast Railway for Bridge Construction

Rail Vikas Nigam Limited has received a ₹967.93 crore Letter of Acceptance from East Coast Railway for EPC construction of four major bridges on the Bhadrak-Vizianagaram section under the 3rd and 4th line expansion. The project spans approximately 385 km and is to be completed within 1095 days, with the order value inclusive of 18% GST.

09Jun 26

RVNL Secures ₹221.33 Crore EPC Contract for Electronic Interlocking Upgrade

Rail Vikas Nigam has received a Letter of Acceptance from South East Central Railway for a ₹221.33 crore EPC contract involving the replacement of panel interlocking with electronic interlocking systems. The project, awarded on June 8, 2026, covers 15 stations in the Bilaspur division and includes S&T service building construction, electrification, and cabling works, with an execution period of 730 days.

03Jun 26

RVNL FY26 profit falls 32.6% to ₹800.48 crore, eyes 15-20% FY27 growth

Rail Vikas Nigam Limited reported a 32.6% decline in FY26 standalone net profit to ₹800.48 crore, with revenue rising marginally to ₹20,012.26 crore. The company projects 15-20% revenue growth for FY27, supported by a strong order book of ₹99,262 crore and the BharatNet project. Q4 profitability was impacted by onerous contracts and JV adjustments, while the KRCL receivable of ₹1,116.26 crore remains pending resolution.

28May 26

RVNL fined Rs 9.56 lakh for Q4FY26 board non-compliance

NSE imposed a fine of Rs 9,55,800 on Rail Vikas Nigam Limited for non-compliance with board composition regulations for the quarter ended March 31, 2026. The company stated that as a Government enterprise, director appointments are managed by the Ministry of Railways, and it expects a waiver of the fine upon achieving compliance with SEBI regulations.

28May 26

RVNL uploads audio recording of Q4FY26 earnings call

Rail Vikas Nigam Limited has uploaded the audio recording of its conference call with investors, analysts, and institutions held on May 26, 2026. The disclosure was made in furtherance to the company's earlier letter dated May 19, 2026, regarding the schedule of the meeting. The recording is now accessible on the company's official website, providing stakeholders with a detailed review of the financial performance for the quarter and fiscal year ended March 31, 2026.

23May 26

RVNL Wins Rs 244.33 Crore West Central Railway Traction Contract

Rail Vikas Nigam secured a Rs 244.33 crore contract from West Central Railway as the lowest bidder for upgrading the electric traction system on the Itarsi-Shridham section. The 18-month project involves design, supply, and commissioning of traction substations to meet a 3000 MT loading target.

23May 26

RVNL Wins ₹758.07 Crore NMDC Contract for Railway Siding

Rail Vikas Nigam Limited has been awarded a ₹758.07 crore contract by NMDC Limited for developing a railway siding near Padapur Village. The project, which includes bridges, road diversion, and civil works, has an execution period of 36 months and involves preparation of FSR, DPR, and PMC services. The company confirmed the transaction is not a related party transaction.

21May 26

RVNL wins Rs 129.46 crore North Eastern Railway contract

Rail Vikas Nigam Limited secured a contract from North Eastern Railway for traction sub stations in the Varanasi-Prayajgraj section. The Rs 129,46,26,109.47 project, awarded under EPC mode, aims to upgrade electric traction power supply capacity within 730 days.

21May 26

RVNL wins ₹164.18 cr East Coast Railway contract

Rail Vikas Nigam Limited secured a contract worth INR 164,18,63,783.67 from East Coast Railway for the provision of MSDAC to enhance reliability in the Automatic Block Signalling section. The project, awarded to the company as the lowest bidder, includes work at stations such as RJGR, JRZ, SSPR, DNKL, HND, and TLHD in the KUR division. With an execution period of 18 months, the order is part of the company's normal business operations and does not involve related party transactions.

15May 26

RVNL Reschedules Board Meeting to May 25 for FY26 Results

Rail Vikas Nigam Limited has rescheduled its board meeting to May 25, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026, and to recommend a final dividend for FY 2025-26. Consequently, the trading window closure period for designated persons has been extended to Wednesday, May 27, 2026. The company has filed the necessary intimation with the National Stock Exchange of India Ltd. and BSE Ltd.

13May 26

Rail Vikas Nigam Emerges L1 Bidder for ₹221.33 Crore Electronic Interlocking Contract from South East Central Railway

Rail Vikas Nigam Limited has emerged as the Lowest Bidder (L1) for a Rs. 221,33,11,931.64 EPC contract from South East Central Railway, involving replacement of panel interlocking with electronic interlocking systems, OFC huts, S&T service buildings, and cabling works across 15 stations in the Bilaspur Division, to be executed over 730 days.

01May 26

Rail Vikas Nigam Limited Announces Executive Director Superannuation in April 2026

Rail Vikas Nigam Limited has informed stock exchanges about the superannuation of Principal Executive Director Mr. Shailesh Kumar Srivastav, who will retire on 30.04.2026 and cease from senior management from 01.05.2026. The disclosure was made in compliance with SEBI Regulation 30 and includes the required declaration as per SEBI Master Circular dated 30th January, 2026.

29Apr 26

RVNL Receives LOA from NMDC for Residential Campus Construction at Banjara Hills

Rail Vikas Nigam Limited has secured a Letter of Award from NMDC Limited for the construction of a residential campus for senior and board-level executives at Banjara Hills, Hyderabad (Phase-II). The project is valued at INR 39.21 crores and is to be completed within 15 months. The order was awarded by a domestic entity and falls under the normal course of business for the company.

22Apr 26

Rail Vikas Nigam Limited Officially Appoints Ashutosh Gautam as Executive Director

Rail Vikas Nigam Limited has completed the official appointment of Shri Ashutosh Gautam as Executive Director (Civil) with effect from 17.04.2026, following proper regulatory procedures and SEBI compliance. Gautam brings over 33 years of multi-disciplinary infrastructure experience, including leadership roles in highways, ports, and urban development projects worth thousands of crores, along with academic credentials including Gold and Silver medals from IIT Delhi.

17Apr 26

RVNL Emerges L1 For East Coast Railway Bridge Project ₹967.93 Cr | Construction Of Major Open Web Steel Girders On EPC Mode

Rail Vikas Nigam Limited has emerged as the lowest bidder for a significant railway infrastructure project worth ₹967.93 crore from East Coast Railway. The contract involves construction of four major Open Web Steel Girder bridges across rivers Birupa, Mahanadi, Kathjori, and Kuakhai as part of the 3rd and 4th line development on the Bhadrak-Vizianagaram section, to be executed over three years under EPC mode.

08Apr 26

Rail Vikas Nigam Limited Submits Q4 FY26 SEBI Compliance Certificate for Dematerialization Activities

Rail Vikas Nigam Limited filed its Q4 FY26 compliance certificate under SEBI Regulation 74(5) on April 8, 2026, covering dematerialization activities for the quarter ended March 31, 2026. The certificate, processed through registrar Alankit Assignments Limited, confirms proper handling of securities received from depository participants and adherence to stock exchange listing requirements. The filing demonstrates the company's commitment to regulatory compliance and transparent securities management practices.

06Apr 26

Rail Vikas Nigam: Co Bags ₹242 Crore Ohe Upgradation Project From South Central Railway

Rail Vikas Nigam Limited has been awarded a significant ₹242.50 crore contract by South Central Railway for overhead equipment upgradation work. The project involves upgrading the existing 1X25kV system to a 2X25kV AT feeding system covering the Ongole to Gudur section spanning 154 RKM/462 TKM, with completion scheduled within 24 months.

25Mar 26

Government Reportedly Considering Merger of Railway PSUs RVNL and IRCON International

Government is reportedly planning to merge two listed railway public sector enterprises - Rail Vikas Nigam Limited (RVNL) and IRCON International Limited. Both companies are established players in India's railway infrastructure development sector and operate as publicly traded entities.

16Mar 26

RVNL Receives ₹952.7 Million LOA from NMDC for Chhattisgarh Refurbishment Work

RVNL has received an official Letter of Award from NMDC Limited worth ₹952.7 million for refurbishment work at Kirandul and Bacheli facilities in Chhattisgarh. The project involves comprehensive refurbishment of permanent way of NMDC sidings and mobile equipment tracks with a 36-month execution timeline, representing a significant addition to RVNL's infrastructure development portfolio.

12Mar 26

Rail Vikas Nigam Limited Appoints Baldev Singh as Executive Director (Civil)

Rail Vikas Nigam Limited has appointed Shri Baldev Singh as Executive Director (Civil) effective March 12, 2026, in compliance with SEBI regulations. Singh, an IRSE officer from 1996 batch with over 27 years of railway experience, has been appointed in E-9 grade under CPSE pay scale of ₹1,50,000–3,00,000 until superannuation. He brings extensive experience in track maintenance, tunnel construction, contract management, and major infrastructure projects including Rani Kamlapati station redevelopment and will be posted at Corporate Office, New Delhi.

06Mar 26

RVNL Clarifies No Communication Received on Proposed IRCON Merger Reports

Rail Vikas Nigam Limited has officially denied receiving any communication about a proposed merger with IRCON, responding to media reports dated 06.03.2026. The company clarified to stock exchanges that no negotiations are taking place and reaffirmed its commitment to SEBI compliance for timely disclosure of material information.

05Mar 26

Rail Vikas Nigam Limited Receives CARE AAA Credit Rating for ₹10,040 Crore Banking Facilities

Rail Vikas Nigam Limited has obtained credit ratings from Care Edge for banking facilities worth ₹10,040 crore. The company received CARE AAA stable rating for long-term facilities and CARE A1+ for short-term facilities, with ₹1,510 crore newly assigned and ₹8,530 crore reaffirmed. The AAA rating indicates highest credit quality and strong financial capabilities.

02Mar 26

Rail Vikas Nigam Appoints Manoj Kumar Pandey as Executive Director (Electrical)

Rail Vikas Nigam Limited has appointed Shri Manoj Kumar Pandey as Executive Director (Electrical) effective March 2, 2026, following his permanent absorption from Railway Service. Pandey, an IRSEE 1999 batch officer with extensive experience in locomotive manufacturing and railway electrification, will serve in E-9 grade with IDA pay scale of ₹1,50,000-3,00,000 under CPSE pattern until superannuation. He previously served as Group General Manager (Electrical) at RVNL since joining in February 2020.

02Mar 26

Rail Vikas Nigam Limited Fined by NSE and BSE for Board Composition Non-Compliance

Rail Vikas Nigam Limited has been fined Rs. 9,77,040 each by NSE and BSE for non-compliance with board composition regulations during Q3 FY26. The violations relate to Regulation 17(1), 18(1) & 19(1)/(2) concerning board and committee composition. The company has clarified that as a Government entity, director appointments are made by the President of India through the Ministry of Railways, with RVNL having no role in the process. The company expects fine waiver upon compliance, citing previous instances where similar penalties were waived.

26Feb 26

Rail Vikas Nigam Limited Secures ₹796.80 Crore Contract from NMDC for Residential Towers in Chhattisgarh

Rail Vikas Nigam Limited has secured a Letter of Award from NMDC Limited for constructing residential towers at Iron Ore Deposit-5 in Bacheli, Chhattisgarh, valued at ₹796.80 crore including all taxes. The domestic contract has a 34-month execution timeline and falls within the company's normal business operations. The project represents a significant addition to the company's construction portfolio beyond traditional railway infrastructure development.

26Feb 26

RVNL Receives ₹536.40 Crore LOA from NMDC for Residential Towers Construction

Rail Vikas Nigam Limited has secured a significant construction contract worth ₹536.40 crore from National Mineral Development Corporation (NMDC) Limited for building residential towers at Iron Ore Deposit-10/11A in Bacheli, Chhattisgarh. The project, to be completed within 34 months, represents RVNL's strategic diversification into residential construction beyond traditional railway infrastructure, strengthening its business pipeline and revenue prospects.

26Feb 26

Rail Vikas Nigam Secures Additional Orders Worth ₹13.4 Billion from NMDC

Rail Vikas Nigam Limited has secured additional orders worth ₹13.4 billion from NMDC Limited, representing a significant business development for the railway infrastructure company. This substantial contract win demonstrates the company's continued ability to obtain large-scale projects from major public sector enterprises and reinforces its competitive position in the infrastructure development sector.

26Feb 26

Rail Vikas Nigam Limited Secures ₹371.69 Crore Township Development Contract from NMDC

Rail Vikas Nigam Limited has received an upgraded Letter of Award from NMDC for comprehensive township development in Kirandul, Chhattisgarh, with contract value increased to ₹371.69 crore from the earlier ₹284.52 crore residential tower project. The enhanced project features expanded scope beyond residential construction to complete township development with a 21-month execution timeline, demonstrating the company's growing capabilities in large-scale urban infrastructure projects.

25Feb 26

Rail Vikas Nigam Secures ₹270.22 Crore Central Railway EPC Order for Daund-Solapur Project

Rail Vikas Nigam Limited has received Letter of Acceptance for a ₹270.22 crore EPC project from Central Railway covering design, supply, erection, testing and commissioning of traction substation infrastructure for Daund-Solapur route. The comprehensive project includes 220/132/55 KV traction substations with Scott Connected Transformer configuration, targeting 3000 MT loading capacity with 24-month execution timeline.

05Feb 26

RVNL Q3FY26 Results: Net Profit Rises to ₹324 Crore, Board Declares ₹1 Interim Dividend

Rail Vikas Nigam Limited announced Q3FY26 results showing consolidated net profit growth to ₹324.14 crore from ₹311.58 crore YoY, with revenue rising to ₹4,684.46 crore. The Board declared an interim dividend of ₹1 per equity share with record date February 11, 2026. However, nine-month performance showed decline with net profit at ₹689 crore versus ₹822.41 crore in previous year.

05Feb 26

Rail Vikas Nigam Limited Declares Interim Dividend of ₹1.00 Per Share

Rail Vikas Nigam Limited has declared an interim dividend of ₹1.00 per share for its shareholders. This corporate action represents the company's decision to distribute profits during the current financial period and demonstrates its commitment to providing returns to investors through dividend distributions.

29Jan 26

Rail Vikas Nigam Limited Schedules Investor Conference Call for Q3FY26 Results on February 6, 2026

Rail Vikas Nigam Limited has scheduled an investor conference call for February 6, 2026, at 4:00 PM IST to discuss Q3FY26 financial results and operations for the quarter and nine months ended December 31, 2025. The call will be hosted by PL Capital and will feature senior management including Chairman Mr. Saleem Ahmad and other key directors. The company will subsequently host the transcript and recording on its website and file with exchanges as per regulatory requirements.

28Jan 26

RVNL-GPT Joint Venture Secures ₹1,201 Crore Bridge Construction Project from Northern Railway

Rail Vikas Nigam Limited's joint venture with GPT Infraprojects Limited has secured a ₹12,01,35,69,000 bridge construction project from Northern Railway. The 48-month project involves building a rail-cum-road bridge over river Ganga near Kashi Railway Station in Varanasi, featuring four railway tracks on the lower deck and six road lanes on the upper deck. RVNL holds 60% stake while GPT Infraprojects maintains 40% in this domestic infrastructure development project.

28Jan 26

Rail Vikas Nigam Limited Appoints B.K. Jain as Part-Time Official Director

Rail Vikas Nigam Limited appointed Shri B.K. Jain as Part-Time Official Director effective January 28, 2026. Jain, an IRSE 1992 batch officer with over 30 years of railway experience, currently serves as Executive Director/L&A at Railway Board. The appointment was approved by RVNL's Board under Companies Act provisions and expands the board to eight directors.

27Jan 26

Rail Vikas Nigam Limited Secures ₹242.50 Crore OHE Upgradation Contract from South Central Railway

Rail Vikas Nigam Limited has won a ₹242,49,86,547.22 contract from South Central Railway for OHE upgradation work in the Ongole-Gudur section. The project involves upgrading existing 1X25kV system to 2X25kV AT Feeding System covering 154 RKM/462 TKM with a 24-month execution timeline. This domestic contract falls under normal business operations and strengthens the company's railway infrastructure portfolio.

16Jan 26

RVNL Secures ₹87.56 Crore Video Surveillance Contract from South Eastern Railway

Rail Vikas Nigam Limited has won a ₹87.56 crore contract from South Eastern Railway for supply, installation and commissioning of IP-based video surveillance systems in LHB coaches with 4 cameras per coach, rugged handheld terminals and 8TB storage. This follows another recent contract win of ₹201.23 crores for a wagon overhaul workshop project from East Coast Railway, reinforcing RVNL's strong position in railway infrastructure development.

15Jan 26

Rail Vikas Nigam Limited Relocates Registered and Corporate Office to World Trade Center

Rail Vikas Nigam Limited has relocated its registered and corporate office from August Kranti Bhawan, Bhikaji Cama Place to World Trade Center, Tower A in Nauroji Nagar, New Delhi, effective January 15, 2026. The Board of Directors approved this move, and the company has complied with SEBI disclosure requirements by informing all stakeholders and stock exchanges about this administrative change.

09Jan 26

RVNL Shares Extend Losses to Fifth Consecutive Session Amid Market Pressure

Rail Vikas Nigam Ltd shares extended their losing streak to five consecutive sessions on January 9, declining 1.90% to ₹336.00 by 1 PM. The stock opened flat at ₹344.00 but touched an intraday low of ₹334.70, representing a nearly 3% decline from the opening price amid broad-based market selling pressure.

09Jan 26

RVNL Secures ₹201 Crore East Coast Railway Contract for Wagon Workshop in Odisha

Rail Vikas Nigam Limited has won a ₹201.23 crore contract from East Coast Railway to build a wagon Periodical Overhauling workshop at Kantabanji, Odisha, with 200-wagon capacity and 18-month execution timeline. The company emerged as the sole bidder for this domestic project, which will strengthen its order book and reinforce its role in railway infrastructure development. RVNL shares closed at ₹342.55, down 4.16% on Thursday, with technical indicators showing mixed signals.

09Jan 26

Rail Vikas Nigam Secures ₹201 Crore Contract for Wagon POH Workshop

Rail Vikas Nigam Limited has been awarded a Letter of Award (LoA) worth ₹201 crores for the Wagon POH Workshop project. This significant contract represents a major business development for the railway infrastructure company and will contribute to its revenue stream while strengthening its position in the railway maintenance and workshop segment.