Ramky Infrastructure bags ₹588 crore RVNL housing order
Ramky Infrastructure won a ₹588.57 crore RVNL order for residential housing at NMDC Township in Chhattisgarh. OI Charts data showed Ramky Infrastructure up 7.23% on 26 Oct, while RVNL futures open interest fell 1.5% in short covering.
pre-market1 source ↓machine-written, see hownot a recommendation
- RAMKY close
- ₹263.30
- On the day
- +7.23%
- 52-week high
- ₹653.00
- 52-week low
- ₹246.00
Ramky Infrastructure secured a ₹588.57 crore order from Rail Vikas Nigam Limited for civil and residential housing development at the NMDC Township in Bacheli, Chhattisgarh, according to BigInfo.in on 26 Oct 2026. The project covers 15 Type-III residential towers, one Type-IV tower, one Type-V tower and a Type-VII bungalow. 🏗️
OI Charts data showed Ramky Infrastructure closing at ₹263.30 on 26 Oct, up 7.23% on the day, with volume of 182,135 shares. The stock remained near its 52-week low of ₹246, recorded on the same date, versus a 52-week high of ₹653 on 13 Nov 2025. Its recent performance remained weak, with moves of -4.9% over five sessions and -16.8% over 20 sessions. The order therefore provided a fresh construction-pipeline catalyst against a sharply lower recent price trend.
The award expands the company’s disclosed work into residential township development linked to a mining region, alongside its broader engineering and construction activity. The commercial impact will depend on mobilisation, execution pace, cost control and the timing of revenue recognition. The source did not disclose the project schedule, margin profile or payment terms. The article also referred to a separate ₹1,402 crore order, but provided no details on its scope or execution status.
RVNL closed at ₹182.65 on 26 Oct, up 0.74%, with volume of 4,537,141 shares, according to OI Charts data. Its futures open interest declined 1.5% and was classified as short covering, while the futures premium stood at 0.20%. In the 27 Oct 2026 expiry, the put-call ratio was 0.67 and max pain was ₹202.50. The largest call open interest was at ₹220, while the largest put open interest was at ₹207.50.
For the infrastructure and construction sectors, the contract highlights public-sector spending on employee housing and township facilities. The next material disclosures are project commencement, execution progress, further order announcements and financial updates showing how the award contributes to the order book and revenue. ⚙️
Source: BigInfo.in, 26 Oct 2026.
Not investment advice. For informational purposes only.