RVNL Share Price Today Gains After Rs 2,977 Crore NMDC Order: Should You Buy the Railway PSU Stock?

RVNL Share Price Today: Shares of Rail Vikas Nigam Ltd rose by almost 3%, touching an intraday high of Rs. 250.90 apiece on the NSE.

Monday's market saw the railway PSU stock surge after the company secured a Rs 2,977 crore contract from NMDC. The fresh order, a major addition to RVNL's order book, has brought a layer of optimism in investor sentiment towards the stock.
However, even the market as a whole is trading in positivity, as both the Sensex & Nifty are rising today.

At the time of writing, the Sensex was trading 356 points higher at 77,159, while the Nifty 50 jumped 107 to trade at 24,120.
RVNL Bags ₹2,977 Crore NMDC Order.

According to the exchange filing, RVNL has received a Letter of Award from NMDC for the development of buffer stockpiles and a blending yard with a handling capacity of 10 million tonnes per annum (10 MTPA) at Vizag, Andhra Pradesh. The project is valued at Rs 2,977 crore.

RVNL'S Recent Order Wins

The NMDC project is the latest in a series of order wins announced by RVNL over the past few weeks.
Earlier, the company received a letter of acceptance for a railway bridge project, which helped the stock gain nearly 5% in a single session. Around the same time, telecom equipment maker HFCL also secured a BharatNet Phase-III order from RVNL.
Just days later, RVNL announced another Rs 221 crore railway signalling contract, which triggered another rally of around 3% in its share price.

RVNL Reports Weak Q4FY26 Results

Despite the strong order inflow, RVNL is facing challenges on the financial performance front.

The company's March quarter, or Q4, net profit declined 43% YoY, while revenue grew only about 5%.

In addition, brokerage firm PL Capital recently maintained a cautious outlook on the stock and highlighted a potential downside based on its valuation assessment. Following the report, RVNL shares had declined nearly 8% over two trading sessions.

With an M-cap of 51.51k cr, RVNL shares touched a 52-week high of Rs 413.45, while the 52-week low stands at Rs 221.55. Even after multiple order wins, the stock remains down around 41% over the past one year.