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InfrastructureHigh impactPre-market

RVNL secures ₹1,000 crore contract from NMDC and West Central Railway

pre-market1 source ↓written by the desknot a recommendation

railway infrastructure project
₹758.07 crore
be completed
36 months

RVNL has received a Letter of Acceptance from NMDC for a ₹758.07 crore railway infrastructure project at Bacheli, set to be completed in 36 months. The contract includes developing a railway siding and associated civil works. Additionally, RVNL emerged as the lowest bidder for another contract from West Central Railway.

This significant contract may enhance RVNL's revenue stream and bolster 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 23 May 2026, 07:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RVNL closed +0.5% on the day of the news, from ₹271.10 to ₹272.45; Nifty +1.3% over the same session; futures OI −0.2%.

Bulletin at 07:06 IST on 23 May 2026. Every change is measured from ₹271.10, the last close before it, on 22 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 it228.23267.50306.78axis spans 34%before the news · 22 May271.10Nifty 50RVNLbulletinD0+1+3+518 May29 May9 JunFutures open interest, lotspeak 40,000Reference close ₹271.10. 16 sessions from 18 May to 9 Jun; the price axis spans 34 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 %
Before22 May₹271.10basebase
On the day25 May₹272.45▲ +0.5%▲ +1.3%−0.8 pp difference
+1 session26 May₹259.75▼ −4.2%▲ +0.8%−5.0 pp difference
+3 sessions29 May₹245.45▼ −9.5%▼ −0.7%−8.7 pp difference
+5 sessions2 Jun₹240.75▼ −11.2%▼ −1.0%−10.2 pp difference
Gap at the open, % · ₹
▲ +1.1%+3.06 on 25 May
Day's range, % · ₹
1.4%≈ 3.8 high to low
Volume on the day
1.24×the 20-session average
Futures OI on the day
▼ −0.2%−46 lots · short covering · price +0.5%
Futures OI open, lots
29,00025 May · 26 May expiry
Futures premium, ₹
+0.85+0.3% to spot
Puts per call, by OI
0.63from 0.60 the session before
Max pain
280from 285 the session before

Source NSE UDiFF bhavcopy · RVNL on the desk →

Thread · RVNLAll RVNL bulletins →

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