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InfrastructureHealthcareAfter close

RITES awarded ₹373 crore project by NIMHANS

after close1 source ↓written by the desknot a recommendation

valued
₹372.68 crore
be completed
36 months

State-owned engineering consultancy RITES Ltd has received a Letter of Award from the National Institute of Mental Health & Neuro Sciences for project management consultancy services. The contract, valued at ₹372.68 crore, will involve constructing a new Outpatient Department building in Bengaluru, expected to be completed in 36 months.

This project enhances RITES' portfolio in the healthcare sector and may positively influence investor sentiment in the company’s 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 5 Nov 2025, 18:03 IST.

Sourcesnews.google.com

The market after the news

RITES closed −1.3% on the day of the news, from ₹248.07 to ₹244.85; Nifty −0.3% over the same session.

Bulletin at 18:03 IST on 5 Nov 2025. Every change is measured from ₹248.07, the last close before it, on 4 Nov. 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 it214.93248.07281.21axis spans 31%before the news · 4 Nov248.07Nifty 50RITESbulletinD0+1+3+529 Oct11 Nov20 NovReference close ₹248.07. 16 sessions from 29 Oct to 20 Nov; 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 %
Before4 Nov₹248.07basebase
On the day6 Nov₹244.85▼ −1.3%▼ −0.3%−1.0 pp difference
+1 session7 Nov₹242.49▼ −2.3%▼ −0.4%−1.8 pp difference
+3 sessions11 Nov₹247.76▼ −0.1%▲ +0.4%−0.5 pp difference
+5 sessions13 Nov₹245.25▼ −1.1%▲ +1.1%−2.2 pp difference
Gap at the open, % · ₹
▲ +0.2%+0.42 on 6 Nov
Day's range, % · ₹
1.9%≈ 4.6 high to low
Volume on the day
0.87×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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Source NSE UDiFF bhavcopy · RITES on the desk →

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