Rail Vikas Nigam Ltd

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from SJVN Thermal Private Limited, a wholly-owned subsidiary of SJVN Limited, for the construction of a permanent siding and aerial track connection in Buxar, Bihar, as part of the 1320 MW Buxar Thermal Power Project (BTPP). The contract, valued at Rs 903,00,68,492 (inclusive of GST), involves work within the normal course of RVNL's business and is expected to be completed within 36 months. The order was awarded by a domestic entity, and does not constitute a related party transaction.

The key equity benchmarks traded with moderate gains in morning trade supported by positive global cues. After a challenging start to September, domestic equities showed signs of stabilisation as investors assessed global macroeconomic developments and ongoing geopolitical uncertainties. The Nifty traded above the 23,950 mark, while market sentiment remained cautious ahead of key US economic data. Investors are closely awaiting the US nonfarm payrolls report, due later today, for further clues on the Federal Reserve's monetary policy trajectory and the outlook for interest rates. In addition to developments surrounding the US-Iran conflict and movements in crude oil and gold prices, market participants will closely track the upcoming quarterly earnings announcements of recently listed companies over the next few weeks. Investors are likely to assess these results for insights into operating performance, earnings visibility and demand trends. Realty shares witnessed buying demand for three consecutive trading sessions. At 10:25 IST, the barometer index, the S&P BSE Sensex advanced 552.69 points or 0.74% to 76,715.08. The Nifty 50 index jumped 86.40 points or 0.36% to 23,959.85. In the broader market, the BSE 150 MidCap Index rose 0.34% and the BSE 250 SmallCap Index added 0.47%. The market breadth was strong. On the BSE, 2,385 shares rose and 1,333 shares fell. A total of 267 shares were unchanged. Economy: SEBI said it will review the methodology for determining settlement prices of derivative contracts on expiry following feedback received after the introduction of the Closing Auction Session (CAS) in the equity cash segment from 3 August 2026. The regulator said the CAS-determined closing price also serves as the basis for settling derivative contracts on expiry. After monitoring the mechanism during its first month and receiving feedback from stock exchanges, brokers, traders, mutual funds, FPIs and other market participants, SEBI said it may propose changes to the settlement-price methodology and plans to issue a consultation paper in about a week. New Listing: Shares of ESDS Software Solution were currently trading at Rs 895.55 at 10:05 IST on the BSE, representing a premium of 108.75% as compared with the issue price of Rs 429. The stock debuted at Rs 746.30 on the BSE, a premium of 73.96% over its issue price. So far, the stock has hit a high of Rs 895.55 and a low of Rs 746.30. On the BSE, over 17.34 lakh shares of the company were traded in the counter so far. Shares of Priority Jewels were currently trading at Rs 236.45 at 10:05 IST on the BSE, representing a premium of 18.23% as compared with the issue price of Rs 200 The stock debuted at Rs 225.20 on the BSE, a premium of 12.6% over its issue price. So far, the stock has hit a high of Rs 236.45 and a low of Rs 225.20. On the BSE, over 2.11 lakh shares of the company were traded in the counter so far. Buzzing Index: The Nifty Realty index jumped 0.71% to 922.65. The index rallied 3.52% in the three consecutive trading sessions. Prestige Estates Projects (up 1.68%), Anant Raj (up 1.07%), Oberoi Realty (up 1.04%), DLF (up 0.8%), Aditya Birla Real Estate (up 0.7%), Sobha (up 0.69%), Godrej Properties (up 0.45%), Lodha Developers (up 0.19%) surged. Stocks in Spotlight: Rail Vikas Nigam (RVNL) added 1.03%. after the company has emerged as the lowest bidder (L1) for a contract worth Rs 404.88 crore from East Coast Railway. Avalon Technologies advanced 3.67% after the company announced the formation of a joint venture (JV) with Zollner Elektronik AG for PCBA, box-build and system integration manufacturing in India.Powered by Capital Market - Live

Rail Vikas Nigam Ltd. is up 2.68% to Rs 229.48, extending recent gains and adding 0.58% over the last week. Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LOA) from East Coast Railway for the provision of MSDAC to increase reliability in the ABS section from MZY to KUR and at various stations, valued at Rs 161,02,45,230.24. The project, which falls within the company's normal course of business, has a stipulated execution period of 18 months and involves work from multiple vendors including Hitachi Rail STS India Pvt Ltd, Medha Servo Drives, Siemens Rail Automation, and Kyosan. The disclosure, made on August 20, 2026, follows a previous communication on May 20, 2026, and is in compliance with SEBI (LODR) Regulations, 2015. Trading volume reached 40.52 lakh shares today, a surge of 90.47% compared to the average volume over the last one week. Rail Vikas Nigam Ltd plunged by 30.63% year-over-year, underperforming the 3.61% loss registered by the NIFTY50 index.

Rail Vikas Nigam Ltd share price slipped 1.50% to Rs 230.5 after the company's net profit contracted by 12.19% to Rs 159.52 crore, while revenue from operations plunged by 35.46% to Rs 4321.23 crore in Q2FY26 over Q1FY26. The market capitalization of Civil Construction industry group stocks on BSE stood at Rs 9.34 lakh crore, falling 14.40%. It has marginally improved by 0.78% over last one week and moved up slightly by 0.84% in last one month while the market capitalization of Rail Vikas Nigam Ltd has eased by 0.65% and 19.15% in the same period respectively. Profit before tax (PBT) of Rail Vikas Nigam Ltd stood at Rs 223.54 crore in Q2 FY26, rallying 28.91% year-on-year, and dropping 10.71% quarter-on-quarter. EBITDA came in at Rs 44 crore, crashing by 124.85% YoY and plunging by 76.27% sequentially. Total expenses saw a steep drop of 35.58% to Rs 4147.03 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 62.81 crore, tumbling by 64.34% YoY, while employee benefits expense was at Rs 54.34 crore, jumping 18.18% YoY. For the TTM ended FY26, revenue from operations tick up 2.45% to Rs 20412.12 crore, while net profit tumbled by 31.86% to Rs 870.66 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 12980% to Rs 7.75 crore, and PBT tanked by 28.25% to Rs 1181.24 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1893.93 crore in FY26, as against Rs 1878.19 crore in FY25. Rail Vikas Nigam Ltd crashed 32.71% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.56% during the same period.

Rail Vikas Nigam Limited (RVNL) will hold a board meeting on Tuesday, August 11, 2026, to consider and approve the unaudited financial results (standalone the trading window for insiders will remain closed from Wednesday, July 1, 2026, and will end 48 hours after the financial results are declared, up to Thursday, August 13, 2026.

Rail Vikas Nigam Limited informed the National Stock Exchange of India Ltd and BSE Ltd that Vegi Ramu Naidu, Executive Director (Civil), has been relieved from the company's services on July 31, 2026, due to superannuation, and will no longer be part of the senior management effective August 1, 2026.

Rail Vikas Nigam announced that the Annual General Meeting(AGM) of the company will be held on 25 August 2026.

The contract involves the construction of doubling works between Kundawa Chainpur (excluding) and Raxaul (excluding), covering a stretch of 41.04 km, as part of the Sitamarhi'Raxaul doubling project under the Samastipur Division of East Central Railway. The scope of work includes earthwork, blanketing, construction of minor and major bridges, station and other railway buildings, platform works, level crossing works, and other allied civil works designed for 25-tonne Indian Railway Standard Loading. The project is to be executed within 1,095 days. The order has been awarded by a domestic entity, and the company said the promoter, promoter group and group companies have no interest in the awarding entity. The contract also does not constitute a related-party transaction. RVNL, a Government of India enterprise, is engaged in implementing rail infrastructure projects across the country. As of March 2026, the Government of India held a 72.84% stake in the company. The company's consolidated net profit fell 58.92% to Rs 187.07 crore on a 4.18% increase in revenue from operations to Rs 6,695.91 crore in Q4 FY26 over Q4 FY25. Shares of Rail Vikas Nigam (RVNL) fell 1.23% to close at Rs 221.25 on the BSE.Powered by Capital Market - Live

The contract involves setting up buffer stockpiles and a blending yard with a handling capacity of 10 million tonnes per annum (MTPA) at Visakhapatnam. The project is to be executed over a period of 42 months. The order has been awarded by NMDC, a domestic entity, and is valued at Rs 2,977 crore. RVNL clarified that neither its promoter nor promoter group companies have any interest in the awarding entity. The company also stated that the contract does not fall under related-party transactions. RVNL, a Government of India enterprise, is engaged in implementing rail infrastructure projects across the country. As of March 2026, the Government of India held a 72.84% stake in the company. Rail Vikas Nigam (RVNL) declined 3.47% to Rs 263.10 after the company's consolidated net profit fell 58.92% to Rs 187.07 crore on a 4.18% increase in revenue from operations to Rs 6,695.91 crore in Q4 FY26 over Q4 FY25. NMDC is engaged in the exploration and production of iron ore along with diamond production and the sale of sponge iron and the generation and sale of wind power. The company reported 35.03% jump in standalone net profit to Rs 2,020.13 crore on 60.69% jump in revenue from operations to Rs 11,173.14 crore in Q4 FY26 over Q4 FY25. The scrip rose 0.24% to Rs 88.64 on the BSE. Powered by Capital Market - Live

Rail Vikas Nigam has received Letter of Award of contract from NMDC for Setting up of Buffer Stockpiles & Blending Yard of 10 MTPA handling capacity at Vizag, Andhra Pradesh. The order is valued at Rs 2977 crore including GST@ 18%.