RITES wins ₹175.41 Cr PMC order from BBAU for campus development

Order Above 5pct RevenueGovt Defence OrderBusiness 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

+12.9%Reaction day

₹204.35

prior close

₹207.37

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.5%+12.5% vs market

Civil Construction peers, median of 99sector-0.1%+13.0% vs sector

On the reaction day the stock moved 12.5 pts more than Nifty Smallcap 250 and 13.0 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

+5.6

10m

+5.8

15m

+5.0

30m

+7.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+12.9+0.5+12.5-0.1+13.0

Next day

+9.7+1.5+8.2+0.0+9.7

+6.6+1.6+5.0-0.6+7.2

+5.9+2.0+3.9-0.6+6.5

+13.1+1.3+11.8-1.7+14.8

+9.2-0.7+9.9-3.3+12.5

+11.1+2.2+8.9-1.9+13.0

15d

+5.3+0.8+4.5-4.4+9.7

+6.9+2.5+4.4-4.2+11.2

+5.6+3.6+2.0-8.6+14.2

+3.3-0.7+4.0-13.2+16.4

UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 99Pending

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

AI summary

RITES Ltd has secured a Project Management Consultancy (PMC) order from Babasaheb Bhimrao Ambedkar University (BBAU), a central government university. The work covers planning, design and development of infrastructural facilities on the BBAU campus on a Cost Plus PMC Fee basis. Total project cost is about ₹175.41 Crore excluding GST, which includes RITES' fees. Execution timeline is 30 months from signing. The client is a domestic, non-related party entity.

Likely market impact

Positive - adds ₹175 Cr to order book from a government client, supporting revenue visibility over the next 30 months.