Announced Tue, 22 Sept, 2026 · 14:06 IST
RITES gets order revision worth Rs 154.65 Cr from South Central Railway
RITES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹203.00
prior close
₹203.33
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.7+0.8+0.6+0.5+0.6-0.8-1.9-3.5-5.3+4.0————
Up moveDown movePending
AI summary
RITES Limited secured an upward revision of its railway electrification project order from South Central Railway. The revised cost for Project Management Consultancy Service for the Bidar-Kalaburagi section (110 RKM) on cost plus turnkey basis is now Rs 154.65 Crore, up from the original Rs 97.96 Crore - about a 58% increase. This is a domestic government-to-government transaction, continuing an earlier order.
Likely market impact
Positive for RITES - order value up about 58% from original, strengthening revenue from railway electrification segment.