RVNL Bags ₹2,977 Crore NMDC Order; Stock in Focus Today

$RVNL will remain in focus on Monday after securing a major ₹2,977 crore contract from NMDC Limited. The company has received a Letter of Award (LoA) for setting up buffer stockpiles and a blending yard with a handling capacity of 10 MTPA at Vizag, Andhra Pradesh. The order strengthens RVNL’s project pipeline and highlights its growing presence beyond traditional railway infrastructure. The development is particularly significant as the stock touched a two-year low last week amid broader market weakness and profit booking. Investors will closely watch whether this large order improves sentiment and supports a recovery in the counter. The contract also enhances revenue visibility over the medium term. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.