Rail Vikas Nigam Limited (RVNL) shares edged over 2% higher at ₹391.40 in early trade on July 15, 2025, after the company disclosed a key contract win from Delhi Metro Rail Corporation Ltd (DMRC). This development reinforces RVNL’s ongoing participation in India’s infrastructure growth, particularly in metro rail projects. Let’s take a closer look at the project details and what this means for investors.
As per the exchange filing dated July 14, RVNL has received a Letter of Award (LOA) from Delhi Metro Rail Corporation Limited for a key civil infrastructure contract under the Delhi MRTS Phase-IV project.
The contract involves part design and construction of a 7.3 km viaduct and platform construction for 7 metro stations along the Saket G Block to Lajpat Nagar corridor. These include Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj, and Lajpat Nagar.
The project also includes the use of pre-engineered building structures across the stations and is expected to be completed within 36 months.
The total contract value awarded to RVNL is approximately ₹447.42 crore (inclusive of 18% GST). The scope includes:
This project is in line with RVNL’s ongoing infrastructure development role and is considered part of its normal business operations.
According to RVNL’s filing, there is no related party involvement, and no promoter group interest in DMRC, the awarding entity. This ensures the transaction remains at arm’s length and transparent under SEBI compliance norms.
Rail Vikas Nigam Ltd (RVNL) opened higher at ₹387.10 on July 15, 2025, compared to the previous close of ₹382.35, reflecting positive sentiment after a major contract award. During the session, the stock touched an intraday high of ₹391.40 before slipping slightly.
The volume-weighted average price (VWAP) stood at ₹388.11, indicating steady investor interest. While the stock trades well below its 52-week high of ₹647, it remains significantly above its 52-week low of ₹295.25, suggesting recovery momentum.
RVNL’s latest win from DMRC is a notable milestone, adding nearly ₹450 crore to its order book and reaffirming its strategic role in India’s urban infrastructure and metro expansion plans. As project execution begins, all eyes will be on the company’s ability to deliver on timelines and manage margins in a competitive engineering environment.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 15, 2025, 9:56 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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