RVNL Share Price Rose ~3% After Receiving NHAI Project

On March 21, 2025, RVNL share price soared ~3%, reaching a day high of ₹373.70 at 11:10 AM, after opening at ₹360.60 on BSE. The gain in RVNL share price came after the company announced receiving a Letter of Acceptance (LoA) from the National Highway Authority of India (NHAI).

RVNL Contract Details

The contract is related to the “Construction of 6 lane Access Controlled connectivity to Visakhapatnam Port Road from Km 0.000 (Sabbavaram bypass of Anakapalli – Anandapuram corridor) to Km 12.660 (Sheelanagar junction) of NH 516C on Hybrid Annuity Mode in the State of Andhra Pradesh under NH (O) on Hybrid Annuity Mode. The cost of the project is estimated to be ~₹554.64 crore.

RVNL Signed MoU

Recently, RVNL signed a MoU with M/s Abhinava Strategic Partners Pvt Ltd (ASP) to provide advisory services to RVNL related to projects in the field of Railways, MRTS, Tunnels, Roads (Highways & Expressways), Bridges, Building Works, Airports, Ports, Irrigation, Power Transmission and Distribution sector, Solar sector, Wind sector, Hydro Power Sector etc. as and when opportunities arise in Saudi Arabia & Middle East Region.

RVNL Order Book Details

As per the earnings call transcript for the quarter ended December 31, 2025, the company reported an order book of ₹97,000 crores, out of which ₹49,000 crores from the bidding works and ₹47,000 from the railway works.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.