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InfrastructureMedium impactPre-market

RVNL secures ₹244 crore contract for railway traction upgrade

pre-market1 source ↓written by the desknot a recommendation

contract by West
₹244.33 crore
to meet
3000 MT loading target
execution period
18-month

Rail Vikas Nigam has been awarded a ₹244.33 crore contract by West Central Railway for the design and upgrade of traction systems. The project aims to enhance the Electric Traction System to meet a 3000 MT loading target over an 18-month execution period. This contract reinforces RVNL's position in the railway 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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