RVNL Share Price Jumps on West Central Railway Order Win | Stock Market Today

Market Performance

Rail Vikas Nigam Ltd (RVNL) was back in the spotlight on Thursday morning. The Railway PSU’s share price opened higher, reflecting investor optimism after a fresh update on its order book.

• Opening Price (BSE): ₹338.40
• Previous Close: ₹333.40
• Intraday Range: ₹332 – ₹338.45

The stock’s rebound comes after months of volatility, where RVNL slipped sharply from a 52-week high of ₹568 (September 2024) to a 52-week low of ₹295.25 (April 2025). Since then, the stock has been climbing back steadily.

The News Driving RVNL Share Price

On Wednesday, September 10, RVNL announced that it had emerged as the lowest bidder (L-1) for a significant contract from West Central Railway.

The scope of the project is extensive:

• RVNL’s scope includes designing, modifying, supplying, erecting, testing, and commissioning a 220/132kV/2X25 kV Scott-connected traction substation.
• Installation of switching posts, Automatic Transfer (AT), and SCADA (Supervisory Control and Data Acquisition) systems
• The project will cover the BINA–RTA section of the Bhopal Division of West Central Railway
• Target: To meet a 3000 MT loading capacity

The contract is to be executed within 540 days.

Financial Details of the Order

The total value of the work order stands at ₹169.48 crore (₹169,48,95,146 including taxes).

This addition strengthens RVNL’s project pipeline and reinforces its presence in India’s rapidly modernizing railway infrastructure space.

RVNL’s Stock Movement

The reaction in RVNL share price was immediate:

• Investors welcomed the order book update, pushing the stock slightly higher at open.
• The day’s trade saw RVNL hovering in a narrow band, signaling cautious optimism.

The broader sentiment around the stock also reflects its recovery story—from a steep fall in late 2024 and early 2025, to its gradual bounce back in recent months.

Company Snapshot

Rail Vikas Nigam Ltd (RVNL) is a government-owned railway PSU tasked with implementing rail infrastructure projects across India. With contracts like this, the company continues to play a central role in building modern rail capacity.

Summary

• RVNL emerged as L-1 bidder for West Central Railway’s traction substation project.
• Contract Value: ₹169.48 crore
• Execution Timeline: 540 days
• Stock Reaction: Opened higher at ₹338.40, traded between ₹332 and ₹338.45.
• Recovery Story: From a 52-week low of ₹295.25 (April 2025) after a sharp correction, to a steady rebound in recent months.

RVNL’s latest win once again highlights the Railway PSU’s role in driving India’s railway infrastructure expansion, while also sparking renewed market attention.