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• RITES Ltd. has secured a tender for 10 diesel-electric locomotives from CFM Mozambique, while it did not win the bid for 300 high-side wagons.
• CFM Mozambique has completed the scrutiny/evaluation process and conveyed the outcomes in a letter dated November 13, 2023.
• RITES Ltd.'s profit after tax decreased by 21.5 percent in the second quarter of FY24.