RVNL tops Rs 201 crore East Coast Railway wagon workshop tender, putting shares back in focus
NEW YORK, December 30, 2025, 00:07 ET Rail Vikas Nigam Ltd (RVNL) said it has emerged as the lowest bidder (L1) for a Rs 201.23 crore ($2.01 billion rupees) works tender from India’s East Coast Railway to set up a wagon maintenance workshop at Kantabanji. The Economic Times The development matters because RVNL’s earnings are closely tied to the pace of Indian Railways contracting, and each new tender win can add near-term visibility to its order pipeline. It also lands at a time when investors have been quick to reprice infrastructure stocks on incremental order announcements, especially for companies that