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InfrastructureMedium impactPre-market

RITES stock rises 4% on ₹185 cr export order from ICVL Mozambique

pre-market1 source ↓written by the desknot a recommendation

after securing
4%
contract from ICVL
₹185 cr
currently trading
₹222
return
74%
to NIFTY 50's
84%

RITES shares surged 4% after securing a ₹185 cr contract from ICVL Mozambique to supply diesel locomotives and provide two years of maintenance. The stock is currently trading at ₹222, having shown a 74% return over the past five years, compared to NIFTY 50's 84%. This order highlights RITES' expanding international footprint.

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 28 Jan 2026, 07:13 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

RITES closed +4.3% on the day of the news, from ₹217.94 to ₹227.23; Nifty +0.7% over the same session.

Bulletin at 07:13 IST on 28 Jan 2026. Every change is measured from ₹217.94, the last close before it, on 27 Jan. 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 it188.82217.94247.06axis spans 31%before the news · 27 Jan217.94Nifty 50RITESbulletinD0+1+3+520 Jan1 Feb10 FebReference close ₹217.94. 16 sessions from 20 Jan to 10 Feb; 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 %
Before27 Jan₹217.94basebase
On the day28 Jan₹227.23▲ +4.3%▲ +0.7%+3.6 pp difference
+1 session29 Jan₹225.18▲ +3.3%▲ +1.0%+2.4 pp difference
+3 sessions1 Feb₹218.38▲ +0.2%▼ −1.4%+1.6 pp difference
+5 sessions3 Feb₹223.81▲ +2.7%▲ +2.2%+0.5 pp difference
Gap at the open, % · ₹
▲ +1.2%+2.55 on 28 Jan
Day's range, % · ₹
3.9%≈ 8.4 high to low
Volume on the day
0.69×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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