Rail Vikas Nigam: Stock gains on fresh order from NMDC for track refurbishment work
News by Aliceblue News Desk
17 Mar 2026
Introduction
Leading infrastructure company receives ₹95.27 crore order from NMDC for track refurbishment work at Kirandul and Bacheli with execution period of 36 months.
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Share price movement of RVNL
On March 17, 2026, Rail Vikas Nigam Limited opened at ₹270.90, up 1.46% from its previous close of ₹267.00. The stock reached a high of ₹271.80 (1.80%) and a low of ₹265.70. By 10:45 AM, it traded at ₹266.25, a -0.28% decrease, with a market cap of ₹55,513.66 crore.
RVNL Secures NMDC Track Order
Rail Vikas Nigam Limited has received a Letter of Acceptance from NMDC Limited for refurbishment of permanent way, sidings, and mobile equipment tracks at Kirandul and Bacheli.
The contract is valued at ₹95.27 crore including GST and will be executed over 36 months. The order is domestic and part of the company’s normal business operations.
Stock performance of RVNL for period of 1 week, 6 months, and 1 year
Rail Vikas Nigam Limited delivered a 1-week return of -5.96%, a 6-month return of -26.4%, and a 1-year return of -18.8%.
Shareholding pattern of RVNL
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 72.80% | 73% | 73% |
| FII | 5.00% | 4.70% | 4.90% |
| DII | 6.40% | 6.40% | 6.40% |
| Public | 15.80% | 16% | 16% |
About RVNL
Rail Vikas Nigam Limited (NSE: RVNL) is a government company engaged in implementing railway infrastructure projects including doubling, electrification, bridges, and new lines assigned by Ministry of Railways.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Rail Vikas Nigam Limited share price rising today?
A: Rail Vikas Nigam Limited share price is in focus after receiving ₹95.27 crore NMDC order for track refurbishment with 36 month execution period.
Q: What is Rail Vikas Nigam Limited’s main business focus?
A: Rail Vikas Nigam Limited focuses on execution of railway infrastructure projects including track doubling, electrification, bridges, and new railway lines across India.
Q: What are the 52-week high and low of Rail Vikas Nigam Limited stock?
A: Rail Vikas Nigam Limited stock has a 52-week high of ₹448.00 and a 52-week low of ₹260.60.
News Author
Aliceblue News Desk
