RVNL Share Price in Focus on Securing ₹967.92 Crore East Coast Railway EPC Contract

Written by: Team Angel OneUpdated on: 18 Jun 2026, 8:32 pm IST
The order involves construction of four major railway bridges as part of a capacity expansion project on the Bhadrak–Vizianagaram route.
RVNL Share Price
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Rail Vikas Nigam Limited (RVNL) has secured a ₹967.92 crore (₹967,92,66,661.70) contract from East Coast Railway for the construction of key railway bridges under an ongoing rail network expansion project.  

The contract has been awarded under the Engineering, Procurement and Construction (EPC) mode and is aimed at supporting additional rail line infrastructure on a critical corridor. 

East Coast Railway Awards Major Contract to RVNL 

According to the company's exchange filing, RVNL has received a Letter of Acceptance from East Coast Railway for works associated with the 3rd and 4th railway lines between Nergundi–Barang and Khurda Road–Vizianagaram on the Bhadrak–Vizianagaram section. 

The project has been awarded by a domestic entity and falls within the normal course of business of the company. 

Scope Includes Construction of 4 Major Bridges 

The contract involves the construction of four important open web steel girder railway bridges over the Birupa, Mahanadi, Kathjori, and Kuakhai rivers. 

These structures form a key part of the broader railway capacity augmentation project and are expected to support smoother train movement on the route. 

As per the terms of the contract, RVNL is required to complete the project within 1,095 days. 

Read More: RVNL Share Price in Focus; NSE Imposes ₹9.55 Lakh Fine for Board and Committee Composition Non-Compliance! 

RVNL Share Price Performance 

As of 18 June 2026, at 11:52 AM, RVNL share price was trading at ₹246.88 per share, reflecting a surge of 0.71% from the previous trading session. 

Conclusion 

RVNL has secured a ₹967.92 crore EPC contract from East Coast Railway for the construction of four major bridges under a railway line expansion project. The order adds significantly to the company's order book and strengthens its presence in large-scale rail infrastructure development. 

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi. 

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: Jun 18, 2026, 3:01 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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