RVNL bags Rs 161 crore order from East Coast Railway

Government or defence orderBusiness Updates View source PDF Explain this filing

RVNL · price

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

+2.1%Reaction day

₹223.50

prior close

₹229.90

announcement price

In-mkt

timing

Nifty Midcap 150market+0.4%+1.8% vs market

Civil Construction peers, median of 98sector-0.0%+2.1% vs sector

On the reaction day the stock moved 1.8 pts more than Nifty Midcap 150 and 2.1 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

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10m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1+0.4+1.8-0.0+2.1

Next day

+0.8+0.4+0.4-0.2+1.0

-0.9+0.5-1.4-0.3-0.6

-2.4+1.0-3.4-0.6-1.8

-0.9+1.0-1.9+0.0-1.0

-3.3+0.9-4.2-0.6-2.6

-6.0+1.0-7.0-1.6-4.4

15d

-8.0-1.7-6.3-2.3-5.7

-6.2-2.1-4.1-3.5-2.7

-15.7-9.0-6.7-9.9-5.8

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UpDownMarket · Nifty Midcap 150Sector · Civil Construction peers, median of 98Pending

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

AI summary

RVNL received a Letter of Acceptance from East Coast Railway for provision of MSDAC systems to improve reliability in the ABS section of KUR division, covering multiple stations. The domestic order is worth Rs 161.02 crore with an 18-month execution timeline. The work is in the normal course of business.

Likely market impact

Adds around Rs 161 crore to RVNL's order book over 18 months from a government railway entity.