Rail Vikas Nigam Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

Rail Vikas Nigam has received LOA from National Mineral Development Corporation (NMDC) for construction of residential towers and shopping complex in Bacheli, Chhattisgarh. The project cost is Rs 644.84 crore.

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Rail Vikas Nigam has received letter of award from National Mineral Development Corporation (NMDC) for construction of residential towers at Iron Ore Deposit-5 at Bacheli, Chhattisgarh. The project cost is Rs 796.80 crore.

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The first contract pertains to the construction of a residential tower in Kirandul at a cost of Rs 284.52 crore. The project is to be executed within 16 months.

The second order involves the development of a township in Kirandul, Chhattisgarh. The project cost stands at Rs 371.69 crore and is scheduled to be completed within 21 months.

Both contracts have been awarded by NMDC, a domestic entity, under general contract conditions. The nature of the contracts includes residential and township infrastructure development.

RVNL clarified that neither the promoter nor promoter group companies have any interest in NMDC. The company further stated that the contracts do not fall under related party transactions.

Rail Vikas Nigam is engaged in executing a wide range of railway infrastructure projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, cable-stayed bridges, and institutional buildings.

The company reported a 3.65% rise in consolidated net profit to Rs 322.83 crore in Q3 FY26, compared to Rs 311.44 crore recorded in Q3 FY25. Revenue from operations rose 2.56% YoY to Rs 4,684.46 crore for the quarter ended 31 December 2025.

Shares of Rail Vikas Nigam fell 1.29% to Rs 317.50 on the BSE.

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Rail Vikas Nigam has received letter of award (LOA) from Central Railway for Design, Supply, Erection, Testing & Commissioning of 220/132/55 KV Traction Substation, Sectioning post (SPs) and Sub sectioning post (SSPs) in 2 x 25 KV Traction System (Scott Connected Transformer) of Daund - Solapur Sections of Central Railway, to meet 3000 MT loading target on EPC mode.? The project cost is Rs 270.22 crore.

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