RVNL Share Price in Focus on Securing ₹39.21 Crore Order from NMDC

RVNL share price is expected to remain in focus after the company secured a new order from NMDC Limited, strengthening its presence in infrastructure and construction projects. 

Order Details and Project Scope 

Rail Vikas Nigam Limited (RVNL) has received a Letter of Acceptance (LoA) from NMDC Limited for the construction of a residential campus for senior and board-level executives at Banjara Hills, Hyderabad (Phase II).  

The project falls within the company’s regular business activities and reflects continued order inflow from domestic public sector clients. 

Contract Value and Execution Timeline 

The total value of the contract stands at ₹39.21 crore, including applicable taxes. The project is scheduled to be completed within a period of 15 months, indicating a relatively short execution cycle.  

Nature of Order and Client Profile 

The contract has been awarded by NMDC Limited, a domestic entity, and will be executed under standard contract conditions.  

The project involves infrastructure development for residential facilities, adding to RVNL’s diversified project portfolio.  

Read More: RVNL Jumps Over 6% in the Last 3 Days After Winning ₹968 Crore Rail Contract! 

RVNL Share Price Performance 

As of 29 April 2026, at 9:39 AM, RVNL share price is trading at ₹307.29 per share, reflecting a decline of 0.43% from the previous closing price. 

Conclusion 

The order reinforces RVNL’s steady pipeline of domestic infrastructure projects, with continued execution expected to support operational visibility. 

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