RVNL becomes L1 bidder for ₹967 Cr East Coast Railway bridge EPC projectRVNL becomes L1 bidder for ₹967 Cr East Coast Railway bridge EPC project

Introduction

Leading infrastructure company emerges as lowest bidder for ₹967.92 crore railway project to construct key bridges on Bhadrak Vizianagaram section under EPC mode contract

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Share price movement of RVNL

On April 17, 2026, Rail Vikas Nigam Limited opened at ₹301.45, up 2.66% from its previous close of ₹293.65. The stock reached a high of ₹311.90 (6.21%) and a low of ₹299.05. By 11:22 AM, it traded at ₹305.05, a 3.88% increase, with a market cap of ₹63,603.54 crore.

RVNL Wins ₹968 Cr Rail Contract

Rail Vikas Nigam Limited emerged as lowest bidder from East Coast Railway for construction of major bridges under third and fourth line project on Bhadrak-Vizianagaram railway section.

The project includes construction of multiple steel girder bridges over rivers Birupa, Mahanadi, Kathjori, and Kuakhai under EPC mode across Nergundi-Barang and Khurda Road-Vizianagaram sections.

The total contract value stands at ₹967.92 crore and execution period is three years. The order is awarded by a domestic entity in normal course of business.

Stock performance of RVNL for period of 1 week, 6 months, and 1 year

Rail Vikas Nigam Limited delivered a 1-week return of 6.87%, a 6-month return of -11.4%, and a 1-year return of -20.8%.

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Shareholding pattern of RVNL

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	72.80%	72.80%	72.80%
FII	5.00%	4.70%	4.90%
DII	6.40%	6.40%	6.40%
Public	16%	16%	15.90%

About RVNL

Rail Vikas Nigam Limited (NSE: RVNL), incorporated in 2003, implements rail infrastructure projects including doubling, electrification, bridges, workshops, and new lines under Ministry of Railways assignments.

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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.

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