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InfrastructureHigh impactAfter close

Rail Vikas Nigam secures ₹404.88 cr LOA from East Coast Railway

after close1 source ↓written by the desknot a recommendation

from East Coast
₹404.88 cr

Rail Vikas Nigam Limited has received a Letter of Award (LOA) worth ₹404.88 cr from East Coast Railway. The project involves various construction works, including roadbed execution and utility shifting, along the Nergundi-Barang and Khurda Road-Vizianagaram sections.

This significant order may enhance the company's revenue stream and strengthen its position in the infrastructure sector.

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 20 Sept 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RVNL closed −2.1% on the day of the news, from ₹214.29 to ₹209.71; Nifty +0.3% over the same session; futures OI +4.3%.

Bulletin at 16:03 IST on 20 Sept 2026. Every change is measured from ₹214.29, the last close before it, on 18 Sept. 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 it186.09214.29242.49axis spans 30%before the news · 18 Sept214.29Nifty 50RVNLbulletinD0+1+3+511 Sept23 Sept1 OctFutures open interest, lotspeak 22,000Reference close ₹214.29. 14 sessions from 11 Sept to 1 Oct; 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 %
Before18 Sept₹214.29basebase
On the day21 Sept₹209.71▼ −2.1%▲ +0.3%−2.4 pp difference
+1 session22 Sept₹211.15▼ −1.5%▼ −0.1%−1.4 pp difference
+3 sessions24 Sept₹206.00▼ −3.9%▼ −1.2%−2.7 pp difference
+5 sessions28 Sept₹202.75▼ −5.4%▼ −2.4%−3.0 pp difference
Gap at the open, % · ₹
▼ −0.1%−0.28 on 21 Sept
Day's range, % · ₹
2.3%≈ 4.9 high to low
Volume on the day
1.36×the 20-session average
Futures OI on the day
▲ +4.3%+920 lots · short build-up · price −2.1%
Futures OI open, lots
22,00021 Sept · 29 Sept expiry
Futures premium, ₹
−0.020.0% to spot
Puts per call, by OI
0.53from 0.51 the session before
Max pain
215from 215 the session before

Source NSE UDiFF bhavcopy · RVNL on the desk →

Thread · RVNLAll RVNL bulletins →

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