OICHARTS
8 AMThe 8 AM report →
InfrastructureHigh impactAfter close

RITES share price jumps 10% after ₹175.41 crore BBAU contract

after close1 source ↓written by the desknot a recommendation

Project Management Consultancy
₹175.41 crore
share price
10.25%
on 01 Jul
₹225.48
and reached
₹207.37
intraday high
₹227.69

RITES Limited secured a ₹175.41 crore Project Management Consultancy contract from Babasaheb Bhimrao Ambedkar University (BBAU), boosting its share price by 10.25% to ₹225.48 on 01 Jul 2026. The stock opened at ₹207.37 and reached an intraday high of ₹227.69. This contract enhances RITES's consultancy order book, diversifying beyond its core railway consultancy.

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 1 Jul 2026, 16:07 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RITES closed −3.5% on the day of the news, from ₹233.19 to ₹224.93; Nifty +0.7% over the same session.

Bulletin at 16:07 IST on 1 Jul 2026. Every change is measured from ₹233.19, the last close before it, on 1 Jul. 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 it202.04233.19264.34axis spans 31%before the news · 1 Jul233.19Nifty 50RITESbulletinD0+1+3+524 Jun7 Jul16 JulReference close ₹233.19. 16 sessions from 24 Jun to 16 Jul; 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 %
Before1 Jul₹233.19basebase
On the day2 Jul₹224.93▼ −3.5%▲ +0.7%−4.3 pp difference
+1 session3 Jul₹218.17▼ −6.4%▲ +1.1%−7.5 pp difference
+3 sessions7 Jul₹235.43▲ +1.0%▲ +1.6%−0.7 pp difference
+5 sessions9 Jul₹222.75▼ −4.5%▼ −0.2%−4.3 pp difference
Gap at the open, % · ₹
▼ −0.6%−1.33 on 2 Jul
Day's range, % · ₹
3.5%≈ 8.2 high to low
Volume on the day
1.23×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · RITES on the desk →

Thread · RITESAll RITES bulletins →

Related