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Updated: July 15, 2025 05:22
Rail Vikas Nigam Ltd (RVNL) shares edged higher on July 14, 2025, despite broader market weakness, following a major order win from South Central Railway. The stock touched an intraday high of Rs 385.15, up nearly 1 percent, even as the Sensex dipped by half a percent.
Order Book Update
- RVNL received a Letter of Acceptance for a Rs 213 crore contract involving overhead equipment (OHE) upgrades
- The project covers the Duvvada–Rajahmundry and Samalkot–Kakinada Port sections in the Vijayawada Division
- Scope includes design, supply, erection, testing, and commissioning to upgrade the existing 1X25 kV system to 2X25 kV
- The total stretch spans 195.5 route kilometers and 391 tonne-kilometers
- Completion timeline is set at 24 months, including feeder and earthing works
Market Reaction
- RVNL opened at Rs 383.60, slightly above its previous close of Rs 381.55
- The stock gained intraday momentum despite weak sentiment across Indian equities
- Analysts attribute the resilience to RVNL’s robust order pipeline and execution visibility
Strategic Context
RVNL continues to strengthen its position as a key infrastructure executor for Indian Railways. With a growing order book and consistent project wins, the company remains a preferred pick among investors betting on India’s rail modernization drive.
Sources: LiveMint, MSN News, Economic Times, Business Standard, Moneycontrol.