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InfrastructureHigh impactPre-market

Rail Vikas Nigam wins bid for East Coast Railway project

pre-market1 source ↓written by the desknot a recommendation

project from East
₹164.18 cr
operational reliability
18 months

Rail Vikas Nigam Limited has emerged as the lowest bidder for a significant ₹164.18 cr project from East Coast Railway. The contract involves installing Multi-Section Digital Axle Counter systems across various stations in the KUR division, enhancing operational reliability over 18 months.

This development is expected to bolster RVNL's order book and may positively influence market sentiment towards the company.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 May 2026, 07:12 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RVNL closed +0.4% on the day of the news, from ₹269.60 to ₹270.75; Nifty 0.0% over the same session; futures OI −14.7%.

Bulletin at 07:12 IST on 21 May 2026. Every change is measured from ₹269.60, the last close before it, on 20 May. Nifty 50 is measured over the same sessions.

  • RVNL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
RVNL closes around the bulletin against the close before the news, with Nifty 50 rebased to it234.12269.60305.08axis spans 30%before the news · 20 May269.60Nifty 50RVNLbulletinD0+1+3+514 May26 May5 JunFutures open interest, lotspeak 40,000Reference close ₹269.60. 16 sessions from 14 May to 5 Jun; the price axis spans 30 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before20 May₹269.60basebase
On the day21 May₹270.75▲ +0.4%0.0%+0.5 pp difference
+1 session22 May₹271.10▲ +0.6%▲ +0.3%+0.3 pp difference
+3 sessions26 May₹259.75▼ −3.6%▲ +1.1%−4.7 pp difference
+5 sessions29 May₹245.45▼ −9.0%▼ −0.5%−8.5 pp difference
Gap at the open, % · ₹
▲ +1.4%+3.91 on 21 May
Day's range, % · ₹
2.1%≈ 5.7 high to low
Volume on the day
0.94×the 20-session average
Futures OI on the day
▼ −14.7%−5,900 lots · short covering · price +0.4%
Futures OI open, lots
34,00021 May · 26 May expiry
Futures premium, ₹
+0.30+0.1% to spot
Puts per call, by OI
0.63from 0.61 the session before
Max pain
285from 290 the session before

Source NSE UDiFF bhavcopy · RVNL on the desk →

Thread · RVNLAll RVNL bulletins →

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