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RITESNSERITES Limited· ConstructionHighPositive
Announced Wed, 8 Apr, 2026 · 18:50 IST

RITES NALCO order value raised to Rs 118.89 Cr from Rs 79.73 Cr

Business Updates View source PDFExplain 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
+1.5%Reaction day
₹200.75
prior close
₹204.19
announcement price
After-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%+1.3% vs market
Civil Construction peers, median of 98sector-0.6%+2.1% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Smallcap 250 and 2.1 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
5m
+4.2
10m
+3.0
15m
+1.8
30m
+1.0
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+1.5+0.1+1.3-0.6+2.1
Next day
+3.0+1.7+1.2+1.6+1.4
2d
+2.4+1.3+1.0+1.3+1.0
3d
+5.9+3.7+2.2+4.4+1.5
4d
+7.8+4.6+3.2+5.9+2.0
5d
+10.7+6.2+4.5+7.5+3.2
1w
+9.6+6.7+2.9+7.3+2.3
15d
+10.1+9.1+1.0+9.8+0.3
1m
+11.3+11.4-0.1+7.5+3.8
2m
+2.0+9.6-7.7+2.3-0.3
3m
+10.8+15.4-4.6+4.0+6.8
UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 98Pending

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

AI summary

RITES received an amendment to its March 2021 LOA from NALCO, raising the contract value for Detailed Engineering & PMC work on a railway siding at Utkal-D Coal Mines (Sankerjang, Phase-I) from Rs 79.73 Cr to Rs 118.89 Cr (excl. GST), a ~49% increase. The order is domestic, on a cost-plus turnkey deposit basis, ongoing, and not a related-party transaction. NALCO is a government PSU under the Ministry of Mines.

Likely market impact

Positive — sizable order book addition from a government PSU improves revenue visibility; no related-party concerns.