Ramky Infrastructure Share Price Surges Over 3% After Securing ₹588.57 Crore RVNL Contract

Ramky Infrastructure has entered into a ₹588.57 crore contract with Rail Vikas Nigam Limited (RVNL) for construction work at the existing NMDC Township in Bacheli, Chhattisgarh, as per the exchange filing. 

The project covers residential towers, a bungalow, a shopping complex, a cafeteria and associated external development and infrastructure works. The contract was announced on October 24, 2026. 

Residential Construction Covers 670 Units 

The project includes 15 Type-III residential towers with 600 units, one Type-IV tower with 40 units and one Type-V tower with 30 units. It also includes a Type-VII bungalow with a ground-plus-one-floor structure. 

Alongside the residential buildings, Ramky will construct a shopping complex and cafeteria, both with ground-plus-one-floor structures, as part of the township development. 

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₹588.57 Crore EPC Contract 

The contract has been awarded on an Engineering, Procurement and Construction (EPC) basis. Its total value stands at approximately ₹588.57 crore, inclusive of GST. 

The construction period is 30 months from the appointed date, followed by a 12-month defect liability period from the date of completion. 

Read More: VRL Logistics Share Price Gains Over 2%; Announces Buyback of 87,50,000 Shares! 

Ramky Infrastructure Share Price Performance  

As of 26 October 2026, at 11:15 AM, Ramky Infrastructure Ltd share price is trading at ₹254.65 per share, reflecting a surge of 3.71% from the previous trading session. 

Conclusion 

The RVNL contract covers housing, commercial facilities and supporting infrastructure at NMDC Township in Bacheli. The project combines 670 residential units with additional township facilities under a single EPC agreement. 

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