RITES wins Rs 52 crore bridge construction order from Cochin Airport

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

-1.4%Reaction day

₹248.66

prior close

₹250.00

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%-1.0% vs market

Civil Construction peers, median of 97sector-0.6%-0.8% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Smallcap 250 and 0.8 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

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

-1.0-0.2-0.7-0.2-0.7

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UpDownMarket · Nifty Smallcap 250Sector · Civil Construction peers, median of 97Pending

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

AI summary

RITES has secured a Letter of Award from Cochin International Airport Limited for constructing a Regulator cum Bridge across Chengalthodu at Chengal near Cochin Airport on turnkey basis. Estimated project cost is Rs 52 crore excluding GST, including PMC fees. To be executed in 24 months from concept to commissioning on cost plus fee basis. Domestic order, not a related party transaction.

Likely market impact

Adds Rs 52 crore to order book from a public sector airport operator. Supports revenue over 24 months. Small order relative to overall RITES business.