RITES Limited (BOM: 541556)
India
· Delayed Price · Currency is INR | Market Cap | 132.00B |
| Revenue (ttm) | 23.53B |
| Net Income (ttm) | 3.98B |
| Shares Out | n/a |
| EPS (ttm) | 8.28 |
| PE Ratio | 33.15 |
| Forward PE | n/a |
| Dividend | 10.38 (3.78%) |
| Ex-Dividend Date | Nov 14, 2024 |
| Volume | 80,414 |
| Average Volume | 235,367 |
| Open | 275.00 |
| Previous Close | 274.10 |
| Day's Range | 272.45 - 278.15 |
| 52-Week Range | 254.50 - 413.08 |
| Beta | n/a |
| RSI | 46.67 |
| Earnings Date | Feb 5, 2025 |
About RITES
RITES Limited, together with its subsidiaries, provides design, engineering consultancy, and project management services in the field of railways, highways, airports, metros, ports, ropeways, urban transport, inland waterways, and renewable energy. The company operates through five segments: Consultancy Services; Leasing of Railway Rolling Stock & Equipments; Export of Rolling Stock, Equipments and Spares; Turnkey Construction Projects; and Power Generation. It is involved in the engineering design and survey, feasibility studies, detailed desi... [Read more]
Financial Performance
In 2023, RITES's revenue was 24.53 billion, a decrease of -6.67% compared to the previous year's 26.28 billion. Earnings were 4.55 billion, a decrease of -15.98%.
Financial StatementsNews
Railway Sector Stocks Today: RVNL gains 4.83%, Titagarh up 3.10%, RITES rises 1.81%
As of 9:55 AM, railway sector stocks are experiencing positive momentum, with Rail Vikas Nigam Limited (RVNL), Titagarh Wagons, and RITES leading the pack. Here’s a detailed look at the performance: T...
IRFC shares surge 2% after signing MoU with REMCL
Indian Railway Finance Corporation (IRFC) shares rose by 2% following the announcement of a strategic partnership with Railway Energy Management Company Ltd (REMCL), a joint venture of the Ministry of...
RITES shares jump 3% on Rs 69.78 crore order from SAIL Bhilai Steel Plant
RITES Limited saw a 5% surge in its stock price after securing a significant contract worth Rs. 69.78 crore (excluding GST) from the Steel Authority of India Limited (SAIL) – Bhilai Steel Plant. As of...
RITES’s subsidiary signs MoU with IRFC to boost power project financing for Indian railways
REMC Ltd., a subsidiary of RITES, has entered into a Memorandum of Understanding (MoU) with Indian Railway Finance Corporation (IRFC) Limited. This collaboration aims to explore innovative financing s...
RITES secures major international contract in Guyana worth over Rs 83 crore
RITES Limited has announced receiving a notification of intention to award a significant international contract from the Ministry of Public Works, Government of the Co-operative Republic of Guyana. Th...
RITES (+9.98%), RVNL (+3.56%), IRCON (+2.67%) lead gains; IRFC (-2.90%), Texmaco Rail (-1.42%) under pressure in railway stocks
As of 12:42 PM, railway stocks are showing strong gains led by RITES, RVNL (Rail Vikas Nigam Limited), and IRCON International, while Indian Railway Finance Corporation (IRFC) and Texmaco Rail are fac...
RITES (+4.75%), Titagarh (+2.89%), RVNL (+2.73%) lead gains; IRFC (-4.06%) under pressure in railway stocks
As of 10:06 AM, railway stocks are trading mixed, with RITES, Titagarh Wagons, and RVNL (Rail Vikas Nigam Limited) leading the gains, while IRFC (Indian Railway Finance Corporation) is the top loser. ...
Railway stocks update: Titagarh down 3% down, Rites down 3%, Texmaco 2% down
Railway sector stocks witnessed mixed performances during Friday’s session. Here’s how key players performed: BEML: The stock was the top gainer, rising marginally by 0.2%, closing at ₹4,081.80 on the...
Stocks to watch, December 18: Ambuja Cements, RITES, JSW Energy, Wabag, RBA and more in focus today
The Indian markets are set for another active trading day as several key companies announce developments that could impact their performance. Here is a list of all the top stocks in focus and to watch...
RITES secures Rs 122.60 crore consultancy contract from Meerut Development Authority
RITES recently informed exchanges that the company has been awarded a prestigious consultancy contract by the Meerut Development Authority worth Rs 122.60 crore. The awarded contract involves consulta...
RITES shares surge 3% on Rs 297.67 crore contract from Ministry of External Affairs
RITES Limited shares gained 3% after securing a major ₹297.67 crore contract from the Ministry of External Affairs, Government of India. The project involves providing project implementation services ...
Stocks to watch, December 16: Biocon, Lupin, Bharat Forge, Radico Khaitan, Dixon Tech, and Aurobindo Pharma and more in focus today
Here are our stocks to watch today on Dec 16, 2024: Biocon, Lupin, Bharat Forge, Radico Khaitan, Dixon Tech, Aurobindo Pharma, PVR Inox, RITES, Godrej Agrovet, HBL Power, Borosil Renewables, JK Paper ...
RITES secures Rs 297.67 crore contract for Integrated Check Post construction
RITES Ltd has announced the receipt of a significant contract from the Ministry of External Affairs, Government of India. Valued at ₹297.67 crore, the project is for providing project implementation s...
Bhagalpur metro: RITES readies two route plans
Discover the proposed route plans for Bhagalpur's metro project, designed to alleviate traffic and enhance connectivity between key locations. Learn about the detailed groundwork laid by RITES for a s...
RITES prepares two route plans for Bhagalpur metro rail project
Discover the comprehensive details of the Bhagalpur metro rail project as RITES presents two phase plans for east-west and north-south corridors, aiming to revolutionize public transport, reduce conge...
RITES shares surge 4% on Rs 80.59 crore contract for Guyana Highway Project
RITES Ltd. saw its shares rise by 4% after being declared the top scorer (H-1 bidder) for a $9.71 million engineering services contract in Guyana. The contract, awarded by the Ministry of Public Works...
RITES secures $9.71 million engineering contract for Guyana Highway Project
The total duration of the project is 60 months, including 36 months for the pre-construction and construction phases and 24 months for post-construction defect liability.
RITES shares jumps over 4% after securing Rs 148.25 crore contract from IIM Raipur
RITES Limited witnessed a rise of over 4% in its stock value during morning trading after announcing a significant contract win worth ₹148.25 crore. The public sector engineering consultancy company b...
'Kolkata NO2 level more than WHO limit on 1 in 5 days, highest in Ballygunge'
A Greenpeace report reveals Ballygunge in Kolkata recorded the highest nitrogen dioxide levels among the city's monitoring stations. Meanwhile, Howrah Bridge undergoes its first health audit since the...
RITES bags Rs 148.25 crore PMC contract from IIM Raipur
RITES Ltd., a leading engineering consultancy company, recently informed exchanges that the company has been awarded a ₹148.25 crore (excluding GST) contract by the Indian Institute of Management Raip...
Railways sector stocks: Jupiter Wagons (+8.31%), BEML (+5.53%) lead; RITES (-5.66%), RVNL (-4.62%) decline this week
The railways sector exhibited mixed movements this week, with strong gains in select stocks and declines in others. Below is the performance summary of key railway-related stocks: Stock Price (₹) 5-Da...
RITES stock jumps 10% on revised Rs 531.77 crore railway electrification project
Shares of RITES surged 5% in morning trade after the company announced securing a revised railway electrification project valued at ₹531.77 crore (excluding GST). This marks a significant increase fro...
RITES secures revised railway electrification project worth ₹531.77 crore
RITES Limited has received revised estimates for its railway electrification project for the Lumding-Badarpur (LMG-BPB) section of the Lumding Division under the Northeast Frontier Railway. The revise...
RITES Q2 FY25 Results: Net Profit falls 25% YoY to Rs 82.50 crore, Revenue falls over 7% YoY
RITES Ltd has announced its financial results for the second quarter of FY25, highlighting changes in revenue and net profit. Revenue from Operations For the quarter ending September 30, 2024, RITES r...
RITES bags Rs 36 crore contract for RS-1 train retrofits from DMRC
RITES has recently informed exchanges that the company received a Rs 36.36 crore order from Delhi Metro Rail Corporation Limited (DMRC) for retrofit work on RS-1 trains. The contract, awarded to a dom...