RVNL shares jump 3% on securing fresh order from NMDC worth ₹2,977 crore; check details

Rail Vikas Nigam Limited (RVNL) shares surged 3% to touch an intraday high of ₹250.9 apiece as the firm secured a fresh contract from NMDC.

The company, in a regulatory filing, said it has received a Letter of Awards (LoA) for setting up buffer stockpiles and a blending yard of 10 MTPA handling capacity at Vizag in Andhra Pradesh.

Worth ₹2,977 crore, the project is expected to be completed with 42 months.

Last week, the company had bagged another order worth ₹967.93 crore from the East Coast Railway for the construction of the third and fourth railway lines between Nergundi–Barang (22 km) and Khurda Road–Vizianagaram (363 km) on the Bhadrak–Vizianagaram section, covering a total length of 385 km.

RVNL Q4 earnings

Indian Railways' construction arm had posted a 58.92% year-on-year (YoY) fall in its consolidated net profit to ₹187.07 crore for the January-March quarter of the 2025-26 financial year (Q4 FY26). In the corresponding period of the preceding fiscal year, the company had logged a profit of ₹455.42 crore.

However, the Navratna PSU recorded a 4.18% YoY increase in its revenue from operations to ₹6,695.91 crore during the quarter under review, compared with ₹6,427.11 crore in the fourth quarter of the 2024-25 fiscal year (Q4 FY25).

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹269 crore in Q4 FY26, marking a 38.42% YoY drop from ₹436 crore in the year-ago period.

Its EBITDA margin contracted to 4.01% for the reporting quarter, in comparison to 6.79% in the March FY25 quarter.

RVNL share price

From the beginning of the year, RVNL shares have fallen 32%. Over a month’s time, the stock has tumbled 9%, while it has slipped 25.5% in the last six months.

At 11:55 AM, RVNL shares were trading at ₹247.59 apiece on the National Stock Exchange, rising 1.48%.

Shares of the company had touched their one-year high of ₹433 apiece on June 12, 2025, while their 52-week low of ₹221.55 was hit on June 11, 2026.

Rail Vikas Nigam has a total market capitalisation of ₹51,591.74 crore as of June 22, 2026, according to data on the NSE.