Rail Vikas Nigam Share Price in Focus; Emerges as Lowest Bidder for Major North Eastern Railway Project

Rail Vikas Nigam Limited (RVNL) announced that it has emerged as the Lowest Bidder (L1) for a major bridge construction project awarded by North Eastern Railway.

The contract, valued at over ₹165 crore, forms part of the ongoing doubling work between Gorakhpur Cantt and Valmikinagar, reflecting RVNL’s expanding project footprint in India’s railway infrastructure network.

RVNL Secures North Eastern Railway Contract

Rail Vikas Nigam Limited has been declared the Lowest Bidder (L1) by the North Eastern Railway for the “Construction of substructure of Important Bridge No. 50 (14x61.0 m) with Double D type well foundation for double line with RDSO 25 T axle loading standard over river Gandak between Paniyahwa and Valmikinagar stations.”

The project is part of the broader doubling work between Gorakhpur Cantt and Valmikinagar under the North Eastern Railway. This win falls within the normal course of RVNL’s business operations.

Project Value and Duration

The total value of the contract is ₹165.54 crore (inclusive of GST), with a completion timeline of 24 months. The project will be executed under the General Contract Conditions of Indian Railways.

This bridge will significantly enhance connectivity and freight capacity, improving regional infrastructure and aiding economic growth in the eastern corridor.

RVNL Share Price Performance

As of 28 October 2025 9:50 AM, RVNL’s share price traded at ₹331.80, up ₹1.80 on the NSE from the previous close of ₹330.00. The stock opened at ₹332.65, reached a high of ₹333.40, and recorded a low of ₹330.75 during the session.

Corporate Action and Dividend History

Rail Vikas Nigam Limited (INE415G01027) has maintained a strong record of shareholder returns. The company declared a Dividend of ₹1.72 per share with an Ex-Date and Record Date of 21 August 2025. Investors holding shares in demat accounts on the record date were eligible for this payout.

Read More: Indian Railways Runs 1500 Special Trains to Ensure Smooth Festive Travel.

Conclusion

The latest contract win reinforces RVNL’s strong project execution credentials within Indian Railways. Emerging as the Lowest Bidder for the North Eastern Railway’s key bridge project highlights its growing influence in infrastructure development.

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