Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) from North Eastern Railway- Normal course of business of the Company.

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RVNL · price

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

+4.6%Reaction day

₹314.00

prior close

₹316.90

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.3%+4.9% vs market

Civil Construction peers, median of 99sector-1.9%+6.4% vs sector

On the reaction day the stock moved 4.9 pts more than Nifty Midcap 150 and 6.4 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

-0.5

15m

-0.5

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.6-0.3+4.9-1.9+6.4

Next day

+2.9-0.1+2.9-1.3+4.2

+2.9+1.2+1.7-0.8+3.7

+3.3+1.2+2.1-0.4+3.7

+3.2+1.1+2.1-0.6+3.8

+2.2+1.0+1.2-0.6+2.9

-0.7-0.1-0.6-2.2+1.5

15d

-0.2-0.1-0.1-3.4+3.2

+9.8+0.4+9.3-2.7+12.5

+3.8-4.7+8.4-15.7+19.5

+2.4-1.5+3.9-15.6+18.0

UpDownMarket · Nifty Midcap 150Sector · Civil Construction peers, median of 99Pending

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

AI summary

Rail Vikas Nigam Limited (RVNL) has emerged as the Lowest Bidder (L1) for a project from North Eastern Railway, one of the zones of Indian Railways. Being L1 means RVNL quoted the lowest price among competing bidders, putting it in pole position to win the contract. The specific value of the bid or the scope of work has not been disclosed in this announcement. The company has stated this is in the normal course of its business operations.

Likely market impact

Positive for RVNL's order book pipeline, but no revenue is recognised yet — the company must wait for formal contract award before the order reflects in earnings. Investors should watch for the contract value disclosure to assess materiality.