RVNL gets L1 status for about Rs 201 crore Wagon POH Workshop project from East Coast Railway

Govt 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

-1.9%Reaction day

₹366.90

prior close

₹369.90

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.2%-1.7% vs market

Civil Construction peers, median of 93sector-0.5%-1.3% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Midcap 150 and 1.3 pts less 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

-1.3

10m

-0.7

15m

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30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9-0.2-1.7-0.5-1.3

Next day

-2.6+0.8-3.4+0.1-2.7

-1.3+1.2-2.5+0.8-2.0

-0.4+2.2-2.6+1.3-1.7

-1.6+2.1-3.7-0.2-1.4

-2.6+1.9-4.5-1.0-1.7

-6.9+0.4-7.2-2.6-4.3

15d

-13.2-4.4-8.8-10.7-2.5

-6.2-2.8-3.5-11.5+5.2

-18.2-2.8-15.4-12.6-5.6

-31.9-12.1-19.8-24.6-7.3

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

RVNL has emerged as the lowest bidder (L1) for setting up a Wagon POH Workshop of 200 capacity at Kantabanji from East Coast Railway. The project is worth about Rs 201.23 crores excluding GST, with completion in 18 months. Awarded to RVNL as the sole bidder in the normal course of business.

Likely market impact

Adds about Rs 201 crores to order book. Domestic government railway project, positive for revenue visibility.