---
title: "Rail Vikas Nigam shares in focus on Rs 242 crore order win"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281725811.md"
description: "Rail Vikas Nigam shares are in focus following a ₹242.49 crore order win from South Central Railway for OHE upgradation. The project, covering 154 RKM / 462 TKM, is set for completion in 24 months. Earlier, the company secured a ₹95.27 crore order from National Mineral Development Corporation. Despite a 28% decline in shares over three months, the stock rose 5.19% to ₹262.60 recently, trading 41.77% below its 52-week high of ₹448. The company's market cap is ₹54,387.75 crore."
datetime: "2026-04-06T01:58:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281725811.md)
  - [en](https://longbridge.com/en/news/281725811.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281725811.md)
---

# Rail Vikas Nigam shares in focus on Rs 242 crore order win

Shares of Rail Vikas Nigam will remain in focus on April 6 after the company secured an order worth ₹242.49 crore from South Central Railway.

According to the company’s exchange filing, it has received a Letter of Acceptance (LoA) for the design, supply, erection, testing, and commissioning of OHE (Overhead Equipment) upgradation. The project involves upgrading the existing 1x25 kV system to a 2x25 kV AT feeding system, along with feeder and earthing works in the Ongole (OGL) to Gudur (GDR) section of the Vijayawada Division.

The total project covers 154 RKM / 462 TKM and is scheduled to be completed within 24 months.

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Earlier in March, the company had also received an LoA worth ₹95.27 crore from National Mineral Development Corporation for refurbishment and maintenance works at its Chhattisgarh facilities.

The shares have declined 28% over the past three months.

In the previous trading session, the stock closed 5.19% higher at ₹262.60, gaining ₹12.95. The stock has touched a 52-week high of ₹448 (May 20, 2025) and a 52-week low of ₹248.25 (March 30, 2026). It is currently trading 41.77% below its 52-week high and 5.08% above its 52-week low.

The company’s market capitalisation stands at ₹54,387.75 crore.

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