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Rail Vikas Nigam Ltd (RVNL) stock rises after Rs 1,978 crore order win

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Rail Vikas Nigam Ltd (RVNL) stock rises after Rs 1,978 crore order win

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Railway price hike pushes up stocks; Know RVNL performance in Q2FY26
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Athira Sethu

Kochi, 28 Feb 2026

 shares of Rail Vikas Nigam Ltd (RVNL), the construction arm of Indian Railways, saw a slight increase of 0.13%, closing at ₹318 per unit. This uptick came after the company secured multiple significant orders worth ₹1,978.04 crore from the National Mineral Development Corporation (NMDC). These orders were related to the construction of residential towers and associated infrastructure in Chhattisgarh. This development followed a series of similar deals between RVNL and NMDC, further solidifying the company’s position in the infrastructure sector.

Key Highlights:

Stock Price MovementDatePriceChange
Opening PriceFebruary 26, 2026₹318+0.13%
52-Week HighMay 20, 2025₹447.80–
52-Week LowDecember 9, 2025₹301.20–

New Orders Secured by RVNL

Order DescriptionOrder ValueLocationTime Frame
Construction of residential towers at Iron Ore Deposit-5₹796.80 croreBacheli, Chhattisgarh34 months
Construction of residential towers at Iron Ore Deposit-10/11A₹536.40 croreChhattisgarh34 months
Construction of residential towers & shopping complex₹644.84 croreChhattisgarh34 months

RVNL’s Financial Performance (Q3 FY26)

MetricValueGrowth
Profit After Tax (PAT)₹324.14 crore-4% YoY
Revenue from Operations₹4,684.46 crore+2.56% YoY
Interim Dividend₹1 per share–

Summary of Recent Orders with NMDC (February 25)

Order DescriptionOrder ValueLocation
Construction of residential tower & township₹656.21 croreChhattisgarh

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