Ramky Infrastructure Secures ₹588.57 Crore RVNL Contract; Shares Rise 1.24%

Mumbai, October 26: Ramky Infrastructure shares were trading 1.24% higher at ₹248.60 on Monday after the company announced an engineering, procurement and construction (EPC) contract worth approximately ₹588.57 crore, including GST, from Rail Vikas Nigam Limited (RVNL).

The contract covers residential buildings and supporting infrastructure at the existing NMDC Township in Bacheli, Chhattisgarh.

Ramky Infrastructure Contract Details

Under the agreement, Ramky Infrastructure will construct 15 Type-III residential towers comprising 600 units, one Type-IV residential tower with 40 units and 30 Type-V residential towers. The project also includes a Type-VII HOP bungalow, a shopping complex, a cafeteria and associated external development and infrastructure works.

The contract has been awarded on an EPC basis by RVNL, a domestic entity. Construction is scheduled to be completed within 30 months from the appointed date. The defect liability period is 12 months from the date of completion.

The project adds to Ramky Infrastructure’s execution portfolio in engineering and infrastructure development.

Stock Market Snapshot

The Ramky Infrastructure share price was trading 1.24% higher at ₹248.60 on Monday, October 26, 2026, compared with the previous close of ₹245.55. The stock opened at ₹248.25.

The shares were higher during morning trade following the contract announcement. The price movement alone does not establish that the order was the sole reason for the gain.

About Ramky Infrastructure

Ramky Infrastructure Limited undertakes engineering, procurement and construction projects across infrastructure and related sectors.

Conclusion

The ₹588.57 crore RVNL contract adds a residential construction and infrastructure project to Ramky Infrastructure’s order portfolio. Execution is expected within 30 months of the appointed date.

Source:

• https://www.nseindia.com/get-quote/equity/RAMKY/Ramky-Infrastructure-Limited
• https://nsearchives.nseindia.com/corporate/RAMKY_24102026194334_Intimation.pdf