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InfrastructureHigh impactPre-market

RVNL wins ₹242.5 crore OHE project for South Central Railway

pre-market1 source ↓written by the desknot a recommendation

contract
₹242.5 crore
feeding system
2×25 kV
be completed
24 months
contract
₹87.56 crore

Rail Vikas Nigam Ltd (RVNL) has been awarded the ₹242.5 crore contract for the Overhead Equipment (OHE) modification project on the South Central Railway’s Ongole–Gudur section. The project aims to upgrade the existing electrification system to a 2×25 kV feeding system and is set to be completed within 24 months. This win follows RVNL's earlier success in securing a ₹87.56 crore contract for a video surveillance system in LHB coaches.

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 30 Jan 2026, 07:13 IST.

Sourcesnews.google.com

The market after the news

RVNL closed +0.6% on the day of the news, from ₹341.45 to ₹343.40; Nifty −0.4% over the same session; futures OI +5.6%.

Bulletin at 07:13 IST on 30 Jan 2026. Every change is measured from ₹341.45, the last close before it, on 29 Jan. 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 it296.52341.45386.38axis spans 30%before the news · 29 Jan341.45Nifty 50RVNLbulletinD0+1+3+522 Jan3 Feb12 FebFutures open interest, lotspeak 51,000Reference close ₹341.45. 16 sessions from 22 Jan to 12 Feb; 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 %
Before29 Jan₹341.45basebase
On the day30 Jan₹343.40▲ +0.6%▼ −0.4%+1.0 pp difference
+1 session1 Feb₹326.55▼ −4.4%▼ −2.3%−2.0 pp difference
+3 sessions3 Feb₹324.65▼ −4.9%▲ +1.2%−6.1 pp difference
+5 sessions5 Feb₹316.60▼ −7.3%▲ +0.9%−8.2 pp difference
Gap at the open, % · ₹
▼ −1.0%−3.55 on 30 Jan
Day's range, % · ₹
3.8%≈ 13 high to low
Volume on the day
1.54×the 20-session average
Futures OI on the day
▲ +5.6%+2,200 lots · long build-up · price +0.6%
Futures OI open, lots
41,00030 Jan · 24 Feb expiry
Futures premium, ₹
−30.70−8.9% to spot
Puts per call, by OI
0.44from 0.43 the session before
Max pain
325from 330 the session before

Source NSE UDiFF bhavcopy · RVNL on the desk →

Thread · RVNLAll RVNL bulletins →

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