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InfrastructureHigh impactPre-market

RITES share price rises 8% on overseas locomotive order

pre-market1 source ↓written by the desknot a recommendation

to ₹233.65
8.19%
order from Volantis
$35.82 million
and will enhance
20 months

RITES share price surged 8.19% to ₹233.65 after securing a $35.82 million order from Volantis Asset Finance in South Africa for 4000 HP diesel electric locomotives. The contract is set to be executed over 20 months and will enhance RITES' order book significantly.

This development is expected to boost investor sentiment and may lead to increased trading activity in the stock.

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 8 Jul 2026, 07:11 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RITES closed −5.2% on the day of the news, from ₹235.43 to ₹223.13; Nifty −2.1% over the same session.

Bulletin at 07:11 IST on 8 Jul 2026. Every change is measured from ₹235.43, the last close before it, on 7 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 it203.98235.43266.88axis spans 31%before the news · 7 Jul235.43Nifty 50RITESbulletinD0+1+3+51 Jul13 Jul22 JulReference close ₹235.43. 16 sessions from 1 Jul to 22 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 %
Before7 Jul₹235.43basebase
On the day8 Jul₹223.13▼ −5.2%▼ −2.1%−3.1 pp difference
+1 session9 Jul₹222.75▼ −5.4%▼ −1.8%−3.6 pp difference
+3 sessions13 Jul₹226.65▼ −3.7%▼ −0.8%−3.0 pp difference
+5 sessions15 Jul₹223.20▼ −5.2%▼ −1.3%−3.9 pp difference
Gap at the open, % · ₹
▼ −2.3%−5.51 on 8 Jul
Day's range, % · ₹
4.4%≈ 10 high to low
Volume on the day
0.93×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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