Rs 93,492 crore Order Book: This Navratna Railway Company Secures Rs 161 Crore Work Order From East Coast Railway; DII Stake Increases

On Thursday, Indian equity benchmark indices traded higher, with the Nifty 50 rising 153.55 points, or 0.64 per cent, to 24,231.85. Amid the market movement, Rail Vikas Nigam Limited (RVNL) shares were trading at Rs 227.90, up Rs 4.40 or 1.97 per cent. The share price movement came after the company announced that it has received a Letter of Acceptance (LOA) from East Coast Railway for a railway signalling and safety-related project valued at more than Rs 161 crore.

As of June 30, 2026 the total Order Book of RVNL is Rs 93,492 crore, with the order book spread across various sectors, providing a strong revenue visibility for the company.

RVNL Secures Rs 161 Crore Order From East Coast Railway

Rail Vikas Nigam Limited has received an LOA from East Coast Railway (ECoR) for the provision of Multi-Section Digital Axle Counter (MSDAC) systems to increase reliability in the Automatic Block Signalling (ABS) section from MZY to KUR and at multiple stations under the KUR division of East Coast Railway.

The project includes work at stations including RJGR, JRZ, SSPR, DNKL, HND and TLHD, along with alterations in electronic interlocking systems involving equipment from various railway technology providers. The project will involve Hitachi Rail STS India, Medha Servo Drives, Siemens Rail Automation and Kyosan systems across the specified locations.

Project to be Completed in 18 Months

According to the company's filing, the order has been awarded by a domestic entity and is to be executed over a period of 18 months. The broad consideration of the contract is Rs 161.02 crore, including Rs 161,02,45,230.24 as disclosed by the company.

The company has also stated that the order is in the normal course of its business. The filing further confirms that the promoter or promoter group has no interest in the entity awarding the order, and the contract does not fall under related-party transactions.

About Rail Vikas Nigam 

Rail Vikas Nigam Ltd (RVNL) is a Government of India enterprise engaged in the execution of railway infrastructure projects. The company undertakes projects across areas including railway Construction, electrification, signalling and other related infrastructure works. RVNL is listed on the Indian stock exchanges under the scrip code 542649.

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Disclaimer: The article is for informational purposes only and not investment advice.