RITES Limited (NSE:RITES)
India
· Delayed Price · Currency is INR | Market Cap | 104.84B |
| Revenue (ttm) | 22.46B |
| Net Income (ttm) | 3.78B |
| Shares Out | 480.60M |
| EPS (ttm) | 7.88 |
| PE Ratio | 27.70 |
| Forward PE | 26.73 |
| Dividend | 9.00 (4.13%) |
| Ex-Dividend Date | Jan 31, 2025 |
| Volume | 1,260,947 |
| Average Volume | 1,981,664 |
| Open | 221.40 |
| Previous Close | 221.40 |
| Day's Range | 217.05 - 225.80 |
| 52-Week Range | 200.50 - 412.98 |
| Beta | 0.16 |
| RSI | 37.08 |
| 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
RITES shares surge 4% after signing MoU with CWPRS to collaborate on marine infra consultancy
RITES Ltd shares climbed 4% after the company signed a Memorandum of Understanding (MoU) with the Central Water and Power Research Station (CWPRS), an R&D organization under the Ministry of Jal Shakti...
Top stocks to watch today on February 20: Rites, Bharat Forge, Waaree Energies, JBM Auto, ONGC and more
India’s stock markets are likely to open on a lower note today. As of 7:45 AM, GIFT Nifty futures were trading 74 points lower at 22,874 level. On Wednesday, the BSE Sensex closed at 75,939, down 28 p...
Permanent Holding Area To Be Designed At 5 Stations Including New Delhi: Ashwini Vaishnaw
The railway ministry has asked engineering consultancy public sector firm RITES Ltd to design permanent holding areas at five railway stations, including New Delhi.
Permanent Holding Area To Be Designed At 5 Stations Including New Delhi
The railway ministry has asked engineering consultancy public sector firm RITES Ltd to design permanent holding areas at five railway stations, including New Delhi.
RITES signs MoU with CWPRS for water infrastructure development
RITES Ltd., a leading transport infrastructure consultancy, has signed a Memorandum of Understanding (MoU) with the Central Water and Power Research Station (CWPRS), an R&D organization under the Mini...
RITES bags Rs 120.13 crore MoU with NUPPL for railway siding maintenance
RITES Ltd., a leading transport infrastructure consultancy and engineering company in India, has entered into a Memorandum of Understanding (MoU) with Neyveli Uttar Pradesh Power Limited (NUPPL) for t...
RITES signs MoU with & C-DAC to boost IT solutions for consultancy works
RITES Ltd., a leading transport infrastructure consultancy, has signed an MoU with the Centre for Development of Advanced Computing (C-DAC) to enhance IT solutions for consultancy projects. This strat...
Stocks hitting 52-week low today, February 11: MRF, Tata Motors, Coal India, Birlasoft, RITES and more
The Indian stock market faced a significant downturn on February 11, with benchmark indices closing deep in the red. The BSE Sensex plummeted 1,018.20 points (1.32%) to settle at 76,293.60, while the ...
Stocks hitting 52-week low today, February 7: Rajesh Exports, RITES, Sonata Software and more
The Indian stock market continued its downward trajectory for the third consecutive session on February 7, 2025. The BSE Sensex dipped by 197.97 points (0.25%), closing at 77,860.19, while the NSE Nif...
Stocks hitting 52-week low today, February 4: Kajaria Ceramics, RITES, Tata Chemicals and more
the Indian stock market witnessed significant movements, with both the Sensex and Nifty 50 showing impressive gains on February 4. The Sensex surged by 1,397.07 points, or 1.81%, closing at 78,583.81,...
Stocks hitting 52-week low today, February 3: Bank of Baroda, RITES, IOC, REC, JSW Energy and more
Indian equity markets experienced a downward trend on February 3, with both the Nifty 50 and the Sensex ending the day in the red. The Nifty 50 dropped by 121.10 points, closing at 23,361.05, while th...
Stocks hitting 52-week low today, January 28: GAIL, Gland Pharma, BHEL, RITES, Graphite India, SKF India and more
The Indian equity markets rebounded on January 28, ending a two-day losing streak as benchmark indices showed positive momentum. While the Nifty 50 index rose by 128.1 points to close at 22,957.25, an...
RITES Q3 FY25 results: Revenue declines 15.7% YoY to ₹575.76 crore, profit falls 15.1% YoY to ₹109.39 crore
RITES Limited reported its Q3 FY25 financial performance with a 15.7% year-on-year (YoY) decline in revenue to ₹575.76 crore, compared to ₹682.89 crore in Q3 FY24. Sequentially, revenue improved from ...
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 ...