RVNL wins 359 crore railway doubling contract from East Central Railway

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

+1.6%Reaction day

₹221.42

prior close

₹224.20

announcement price

After-mkt

timing

Nifty Midcap 150market+0.8%+0.8% vs market

Civil Construction peers, median of 98sector+0.9%+0.7% vs sector

On the reaction day the stock moved 0.8 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

+0.1

10m

+0.5

15m

+0.5

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6+0.8+0.8+0.9+0.7

Next day

+0.7+0.4+0.3+0.1+0.6

+1.7+0.9+0.8+0.4+1.2

+5.2+2.1+3.1+1.2+4.0

+4.5+1.8+2.7+0.9+3.6

+3.3+2.1+1.2+1.6+1.7

+5.4+1.9+3.5+1.2+4.2

15d

+0.9+1.6-0.7-2.4+3.3

-5.2+2.6-7.8-2.4-2.7

-10.6-4.7-5.9-6.3-4.3

-16.0-7.4-8.6-13.4-2.6

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 has received a Letter of Acceptance from East Central Railway for doubling work on the Sitamarhi-Raxaul section covering 41.04 km. The EPC contract is valued at INR 358.97 crores including 18 percent GST, with a completion timeline of 1095 days. The work includes earthwork, bridges, station buildings, and platform work for 25T loading standards.

Likely market impact

Adds to RVNL's order book from Indian Railways, a key client. Positive for revenue visibility though this is a routine order size.