RITES Share Price Surges Over 4% on Securing $3.6 Million Locomotive Supply Order from Zimbabwe

 RITES Limited has added an overseas supply contract to its order book, strengthening its international presence with a short-duration locomotive supply assignment in Africa. 

Order Details and Execution Timeline 

Under the contract, RITES Limited will supply in-service Cape Gauge diesel electric locomotives to Berhard Development Corporation (Private) Limited.  

The order has a total value of $3.6 million ($3,600,00.00) and is classified as an international supply contract. Execution of the order is scheduled to be completed within 3 months. 

Project Scope and Market Context 

The supply of Cape Gauge diesel electric locomotives supports rail operations aligned with the gauge standards used across parts of Southern Africa. The contract adds to RITES’ portfolio of international rail and transport-related assignments. 

About RITES 

RITES Limited operates in the transport infrastructure and consultancy space, providing services and solutions across railways, highways, ports, airports and urban transport projects in India and overseas markets. 

Read More: Indian Railway Commissions Made-in-India Automatic Train Protection System Kavach 4.0 in Gujarat’s Bajwa–Ahmedabad Section! 

RITES Share Price Performance  

As of December 31, 2025, at 11:45 AM, RITES Limited share price is trading at ₹246.97 per share, reflecting a gain of 4.09% from the previous closing price. 

Conclusion 

With the $3.6 million locomotive supply order from Zimbabwe, RITES continues to expand its international footprint while adding a time-bound overseas contract to its global execution pipeline. 

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