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RVNL: Stock jumps on emerging L1 bidder for ₹180.77 Cr rail project

Rail Vikas Nigam Limited emerges as L1 for North Eastern Railway’s OHE modification and feeder wire work project worth ₹180.77 crore, set for execution within 24 months.

Introduction

Leading rail infrastructure development continues across major zones as a new contract is awarded for OHE modification and feeder wire work to upgrade a key traction system section in Uttar Pradesh.

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Share price movement of RVNL

On November 24, 2025, Rail Vikas Nigam Ltd opened at ₹316.35, up 0.73% from its previous close of ₹314.05. The stock reached a high of ₹317.95 (0.99%) and a low of ₹314.25. By 12:04 PM, it traded at ₹315.15, a 0.35% increase, with a market cap of ₹65,709.41 crore.

RVNL Wins OHE Upgrade Contract

Rail Vikas Nigam Limited has emerged as the lowest bidder for an order from North Eastern Railway. The work covers design, supply, erection, testing and commissioning of OHE modification and feeder wire work.

The project is for the 2×25 kV traction system for capacity upgradation of the UTR–MWP section in the Lucknow division. The tender is domestic and issued under Tender No. CEEPROJECT-WN-UTR-MWP.

The contract value is ₹180.77 crore, including applicable taxes. The execution period is 24 months. The order falls in the normal course of business, with no related party involvement.

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

Rail Vikas Nigam Ltd delivered a 3.98% negative return over the past week and declined 24.6% in the past six months. The stock also fell 25.3% over the past year.

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Shareholding pattern of RVNL

ParticularsSep 2025Jun 2025Mar 2025
Promoter72.80%72.80%72.80%
FII4.70%4.90%5.10%
DII6.40%6.40%6.20%
Public16.10%15.90%15.90%

About RVNL

Rail Vikas Nigam Ltd (NSE: RVNL), incorporated in 2003 by the Government of India, implements rail infrastructure projects, including doubling, gauge conversion, electrification, new lines, bridges, workshops, 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.

FAQs

Q: Why is Rail Vikas Nigam Ltd share price going up today?

A: Rail Vikas Nigam Ltd share price is up as the company emerged L1 for a ₹180.77 crore OHE modification project from North Eastern Railway.

Q: What does Rail Vikas Nigam Ltd specialize in?

A: Rail Vikas Nigam Ltd specializes in implementing rail infrastructure projects including doubling, electrification, gauge conversion, new lines, bridges, workshops, and freight revenue sharing with Indian Railways.

Q: What is the market capitalization of Rail Vikas Nigam Technologies Ltd?

A: Rail Vikas Nigam Technologies Ltd has a market capitalization of approximately ₹65,709.41 crore.

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