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InfrastructureMedium impactAfter close

RITES secures ₹105 cr contract for high-speed railway maintenance

after close1 source ↓written by the desknot a recommendation

from RDSO
₹105 cr contract
a cost
₹967 cr
and is designed
67 km
reaching speeds
220 km/h
be completed
60 months

RITES Limited has won a ₹105 cr contract from RDSO for the maintenance of India's first high-speed railway test track in Rajasthan. This track, developed at a cost of ₹967 cr, spans 67 km and is designed for trains reaching speeds of 220 km/h.

The maintenance work is to be completed within 60 months, enhancing RITES' portfolio in railway infrastructure. This development may boost investor sentiment in the railways sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 Mar 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RITES closed +1.4% on the day of the news, from ₹188.67 to ₹191.31; Nifty +1.7% over the same session.

Bulletin at 16:06 IST on 24 Mar 2026. Every change is measured from ₹188.67, the last close before it, on 24 Mar. Nifty 50 is measured over the same sessions.

  • RITES close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
RITES closes around the bulletin against the close before the news, with Nifty 50 rebased to it163.46188.67213.88axis spans 31%before the news · 24 Mar188.67Nifty 50RITESbulletinD0+1+3+518 Mar1 Apr13 AprReference close ₹188.67. 16 sessions from 18 Mar to 13 Apr; the price axis spans 31 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before24 Mar₹188.67basebase
On the day25 Mar₹191.31▲ +1.4%▲ +1.7%−0.3 pp difference
+1 session27 Mar₹184.23▼ −2.4%▼ −0.4%−1.9 pp difference
+3 sessions1 Apr₹189.41▲ +0.4%▼ −1.0%+1.4 pp difference
+5 sessions6 Apr₹191.21▲ +1.4%▲ +0.2%+1.1 pp difference
Gap at the open, % · ₹
▲ +0.6%+1.04 on 25 Mar
Day's range, % · ₹
3.2%≈ 6.0 high to low
Volume on the day
1.20×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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