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Rail Vikas Nigam bags LoA worth Rs 95.27 crore from NMDC

16 Mar 2026 Evaluate

Rail Vikas Nigam has received Letter of Award (LoA) worth Rs 95.27 crore (including 18% GST) from National Mineral Development Corporation (NMDC). The LoA is for the refurbishment of permanent way of NMDC Sidings & Mobile Equipment Tracks including Maintenance at Kirandul & Bacheli, Chhattisgarh. The order is to be executed within 36 months.

Rail Vikas Nigam (RVNL) functions as an extended arm of the Ministry of Railways. The company is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.

Rail Vikas Nigam Share Price

300.40 3.95 (1.33%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4056.15
Rail Vikas Nigam 300.40
NCC 167.30
KEC International 570.00
Kalpataru Projects 1261.65
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