RITES wins USD 35.2 million locomotive export order from South Africa

Export order in hard currencyBusiness Updates View source PDF Explain this filing

RITES · price

Loading chart…

▲ 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

+4.0%Reaction day

₹232.55

prior close

₹235.99

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+0.4%+3.6% vs market

Civil Construction peers, median of 97sector+0.2%+3.8% vs sector

On the reaction day the stock moved 3.6 pts more than Nifty Smallcap 250 and 3.8 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

+1.3

10m

+0.7

15m

+0.2

30m

+0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.0+0.4+3.6+0.2+3.8

Next day

+4.2+0.5+3.7-0.0+4.2

+8.4+0.3+8.1-0.5+9.0

+5.4-0.2+5.7-1.7+7.1

+1.9-0.4+2.4-1.7+3.6

+4.5+0.7+3.8-1.3+5.8

+6.0+1.4+4.6+0.1+5.8

15d

-0.5-1.7+1.3-6.3+5.9

-6.4-7.6+1.2-12.2+5.8

-5.4-3.2-2.2-11.1+5.7

-21.0-14.1-6.9-23.9+3.0

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 Limited has received an order worth USD 35.2 million from Ndalama Capital (Pty) Ltd., South Africa, for supply and commissioning of in-service Cape Gauge ALCO diesel electric locomotives on CIF basis. The order must be executed within 18 months. It is an international export order from a private party with no related party connection.

Likely market impact

Boosts overseas revenue pipeline in locomotives; supports export growth and adds to order book visibility over the next 18 months.