RVNL wins Rs 903 cr order from SJVN Thermal for Buxar power project

Government or 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

-1.0%Reaction day

₹212.49

prior close

₹215.08

announcement price

After-mkt

timing

Nifty Midcap 150market-0.5%-0.5% vs market

Civil Construction peers, median of 104sector-0.0%-1.0% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Midcap 150 and 1.0 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

-0.8

10m

-1.0

15m

-0.6

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.0-0.5-0.5-0.0-1.0

Next day

-2.3-0.3-2.0-0.9-1.4

-2.6-0.8-1.8-1.7-0.9

-3.2-1.1-2.1-1.4-1.9

-3.6-1.4-2.2-1.8-1.8

-6.3-3.5-2.9-3.8-2.6

-5.1-2.6-2.5-4.6-0.5

15d

-6.9-5.7-1.2-5.8-1.1

-8.0-5.7-2.3-6.6-1.4

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UpDownMarket · Nifty Midcap 150Sector · Civil Construction peers, median of 104Pending

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

AI summary

RVNL received a Letter of Award worth Rs 903.68 crores (incl. GST) from SJVN Thermal Private Limited for construction of a permanent siding with aerial track connection from the plant boundary to Chausa and Pawani Kamarpur in Bihar. The work supports the 1320 MW Buxar Thermal Power Project (Phase-III). Execution period is 36 months. The order is domestic and not a related party transaction.

Likely market impact

Positive for order book; Rs 903 cr contract adds to revenue pipeline over 36 months of execution.