RITES Limited has informed the Exchange about Intimation of major order secured from NTPC Limited

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RITES · price

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Price reactionminutes from the announcement price · days from the prior close

+6.6%Reaction day

₹243.80

prior close

₹247.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.4%+5.2% vs market

Civil Construction peers, median of 86sector+1.0%+5.6% vs sector

On the reaction day the stock moved 5.2 pts more than Nifty Smallcap 250 and 5.6 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.2

15m

-0.4

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.6+1.4+5.2+1.0+5.6

Next day

+8.4+2.0+6.4+2.3+6.1

+7.6+2.9+4.7+2.9+4.7

+5.8+2.2+3.6+1.8+4.0

+7.2+2.4+4.8+2.4+4.8

+7.1+2.6+4.5+2.1+5.0

+10.3+3.6+6.7+2.9+7.4

15d

+8.7+5.1+3.6+4.8+3.9

+3.4+2.2+1.2+1.6+1.8

+1.6+5.6-4.0+1.4+0.2

-5.5+1.6-7.1-3.6-1.8

UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 86Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

RITES Limited has received a Letter of Award from NTPC Limited for a Biennial MGR Mega Contract covering S&T maintenance, track maintenance, MGR operation, and DU handling at the NTPC Mouda Super Thermal Power Project. The contract is valued at Rs. 25.30 crore (excluding GST) and is to be executed over a period of 24 months. The order has been awarded by a domestic entity and is not a related party transaction. NTPC is a public sector undertaking, and the work pertains to operations and maintenance services for its thermal power facility.

Likely market impact

This is a relatively small order (likely around 1% of RITES' annual revenue) and is unlikely to materially impact the stock price on its own. However, it signals continued order inflow in RITES' services/operations & maintenance segment from public sector clients.