RVNL clinches major East Coast Railway order at Kantabanji, check detailsRVNL clinches major East Coast Railway order at Kantabanji, check details

Introduction

Leading infrastructure and railway construction company receives Rs.201.23 crore order from East Coast Railway to establish a 200-unit Wagon POH Workshop at Kantabanji, completed over 18 months.

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Share price movement of RVNL

On January 9, 2026, Rail Vikas Nigam Limited (RVNL) opened at ₹343.10, up 0.16% from its previous close of ₹342.55. The stock reached a high of ₹350.45 (2.31%) and a low of ₹338.05. By 10:52 AM, it traded at ₹342.90, a 0.10% increase, with a market cap of ₹71,516.19 crore.

RVNL Wins Kantabanji Wagon Workshop Project

Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance from East Coast Railway for setting up a Wagon POH Workshop with 200-unit capacity at Kantabanji.

The project is valued at Rs 201.23 crore excluding GST. RVNL was the sole bidder for this domestic contract awarded by East Coast Railway.

The project will be executed over 18 months. Work includes construction and commissioning of the workshop, which falls under RVNL’s normal course of business.

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

Rail Vikas Nigam Limited delivered a -6.37% return over the past week, declined 10.2% in the past six months, and fell 16.5% over the past year.

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Shareholding pattern of RVNL

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	72.80%	72.80%	72.80%
FII	4.70%	4.90%	5.10%
DII	6.40%	6.40%	6.20%
Public	16.10%	15.90%	15.90%

About RVNL

Rail Vikas Nigam Limited (NSE: RVNL), incorporated in 2003, implements rail infrastructure projects including doubling, gauge conversion, electrification, bridges, workshops, production units, and freight revenue sharing with Indian 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.

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