26 Sep 2025

RITES Stock Jumps Over 5% on Strong Order Win from South Africa

RITES is currently trading at RS 266.95, up by 14.45 points (5.72%) from its previous close of RS 252.50 on the BSE.

The stock opened at RS 262.60 and touched an intraday high of RS 270.60 and a low of RS 258.10. So far, 10,45,067 shares have been traded.

The BSE group ‘A’ stock with a face value of RS 10 hit a 52-week high of RS 370.50 on 27-Sep-2024 and a 52-week low of RS 192.30 on 03-Mar-2025. Over the past week, it recorded a high of RS 272.60 and a low of RS 251.60. The company’s current market capitalization stands at RS 12,851.34 crore.

Promoter holding is 72.20%, while institutions hold 12.11% and non-institutional investors hold 15.69%.

In a major development, RITES has bagged an order worth $18 million (CIF) from Talis Logistics, South Africa, for the supply and commissioning of overhauled in-service Cape Gauge ALCO Diesel Electric Locomotives. The order is expected to be executed within 6 to 8 months.

RITES is a multi-disciplinary consultancy organization specializing in transport, infrastructure, and related technologies, offering a comprehensive range of services and emphasizing technology transfer to client organizations.