Bengaluru, July 2 -- Known for its expertise in railway infrastructure and transportation solutions, the company has recently secured significant contracts, boosting investor confidence. The news highlights a new order to supply locomotives for African operations and a joint venture project to redevelop an Indian railway station, signaling strong growth in domestic and international markets.

Rites Limited's stock, with a market capitalisation of Rs. 14,273.93 crores, rose to Rs. 299.80, hitting a high of up to 7.43 percent from its previous closing price of Rs. 279.05. However, the stock over the past year has given a negative return of 15.3 percent.

Order Update RITES Ltd. has secured a significant international order from African Rail...