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InfrastructureHigh impactPre-market

RVNL awarded ₹242.5 crore OHE upgrade contract

pre-market1 source ↓written by the desknot a recommendation

overhead electrification upgrade
₹242.5 crore
spanning
24 months

Rail Vikas Nigam Ltd (RVNL) has been awarded as the lowest bidder for a ₹242.5 crore overhead electrification upgrade project on the Ongole-Gudur section of South Central Railway. The contract, spanning 24 months, involves the design, supply, erection, testing, and commissioning of the upgraded system.

This project is significant for RVNL as it enhances its portfolio in railway infrastructure, potentially boosting investor confidence and market sentiment.

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 29 Jan 2026, 07:14 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RVNL closed −0.3% on the day of the news, from ₹342.50 to ₹341.45; Nifty +0.3% over the same session; futures OI +25.5%.

Bulletin at 07:14 IST on 29 Jan 2026. Every change is measured from ₹342.50, the last close before it, on 28 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 it297.43342.50387.57axis spans 30%before the news · 28 Jan342.50Nifty 50RVNLbulletinD0+1+3+521 Jan2 Feb11 FebFutures open interest, lotspeak 49,000Reference close ₹342.50. 16 sessions from 21 Jan to 11 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 %
Before28 Jan₹342.50basebase
On the day29 Jan₹341.45▼ −0.3%▲ +0.3%−0.6 pp difference
+1 session30 Jan₹343.40▲ +0.3%▼ −0.1%+0.3 pp difference
+3 sessions2 Feb₹322.80▼ −5.8%▼ −1.0%−4.8 pp difference
+5 sessions4 Feb₹321.00▼ −6.3%▲ +1.7%−8.0 pp difference
Gap at the open, % · ₹
▲ +1.8%+6.06 on 29 Jan
Day's range, % · ₹
6.3%≈ 22 high to low
Volume on the day
3.03×the 20-session average
Futures OI on the day
▲ +25.5%+8,000 lots · short build-up · price −0.3%
Futures OI open, lots
39,00029 Jan · 24 Feb expiry
Futures premium, ₹
−25.45−7.5% to spot
Puts per call, by OI
0.43from 0.55 the session before
Max pain
330from 330 the session before

Source NSE UDiFF bhavcopy · RVNL on the desk →

Thread · RVNLAll RVNL bulletins →

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