RITES Limited has informed the Exchange regarding Major Order secured from Mahanadi Coalfields Limited (MCL)

Order above 5% of revenueBusiness Updates View source PDF Explain this filing

RITES · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-4.2%Reaction day

₹239.28

prior close

₹240.47

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-2.5%-1.7% vs market

Civil Construction peers, median of 83sector-3.3%-0.9% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Smallcap 250 and 0.9 pts less 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

-0.4

10m

-1.2

15m

-1.0

30m

-2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.2-2.5-1.7-3.3-0.9

Next day

-2.5-1.9-0.6-2.7+0.2

-2.8-1.7-1.1-3.2+0.4

-6.1-3.5-2.6-5.2-0.9

-6.0-3.5-2.4-5.4-0.6

-4.8-2.4-2.3-3.9-0.9

-7.0-3.5-3.5-6.4-0.7

15d

+23.0+3.8+19.3+4.5+18.5

+15.8+4.4+11.4+4.0+11.8

+17.0+9.7+7.3+3.0+14.0

+10.6+9.2+1.4-1.0+11.7

UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 83Pending

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

AI summary

RITES Limited has disclosed a major order win from Mahanadi Coalfields Limited (MCL), a government-owned coal mining company and subsidiary of Coal India. The order qualifies as material enough to be disclosed to the stock exchange as a 'Major Order'. Specific contract value or scope details are not mentioned in the headline. RITES, a government-owned engineering consultancy, continues to secure business from public sector clients, supporting its order book.

Likely market impact

Positive for RITES as it strengthens the company's order pipeline and demonstrates continued business momentum from PSU clients, which may support future revenue. The lack of disclosed value may limit immediate stock reaction until further details emerge.