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RVNL Shares Gain as Company Emerges L1 Bidder for ₹145 Crore Southern Railway Project

Rail Vikas Nigam Ltd (RVNL) gained after emerging as the lowest bidder for a ₹145.35 crore Southern Railway project in the Salem division, supporting the Mission 3000 MT loading target. The project involves traction substations, SCADA integration, and advanced power quality systems to be executed over 540 days. Despite a YoY profit decline in Q1 FY26, RVNL continues to secure major contracts, strengthening its role in India’s railway infrastructure growth.

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