Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Receipt of LOA from National Mineral Development Corporation (NMDC)

Govt Defence OrderBusiness Updates View source PDF Explain this filing

RVNL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.7%Reaction day

₹315.70

prior close

₹319.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.6%+0.1% vs market

Civil Construction peers, median of 93sector+0.0%+0.7% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Midcap 150 and 0.7 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.1

15m

-0.1

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.7+0.6+0.1+0.0+0.7

Next day

-0.2-0.5+0.4-1.0+0.8

-5.0-2.2-2.8-4.2-0.7

-11.2-4.3-6.9-6.1-5.1

-10.9-2.9-8.0-5.5-5.4

-9.5-3.5-5.9-5.9-3.6

-9.8-4.0-5.8-6.9-2.9

15d

-16.3-7.9-8.4-9.3-7.0

-16.4-9.1-7.2-13.4-3.0

-3.0+1.1-4.1+6.2-9.2

-17.6+3.8-21.4+1.2-18.8

UpDownMarket · Nifty Midcap 150Sector · Civil Construction peers, median of 93Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from National Mineral Development Corporation (NMDC) for the construction of a residential tower in Kirandul, Chhattisgarh. NMDC is a Government of India undertaking under the Ministry of Steel, making this a PSU-to-PSU contract. The financial value of the order has not been disclosed in the filing. RVNL has stated that this work falls within the normal course of its business. The disclosure is being made under SEBI LODR Regulation 30, along with the required declaration as per the November 2024 SEBI circular.

Likely market impact

Adds to RVNL's order book from a government client, which is a positive signal for business continuity, though the absence of order value limits investors' ability to gauge the materiality of this win. Watch for further disclosures on the contract value.