RITES Limited (NSE:RITES)

India flag India · Delayed Price · Currency is INR
300.15
-9.05 (-2.93%)
Jun 6, 2025, 3:30 PM IST
-50.59%
Market Cap 144.25B
Revenue (ttm) 22.18B
Net Income (ttm) 3.85B
Shares Out 480.60M
EPS (ttm) 8.01
PE Ratio 37.47
Forward PE 36.16
Dividend 7.55 (2.44%)
Ex-Dividend Date Jan 31, 2025
Volume 3,163,213
Average Volume 4,808,446
Open 309.00
Previous Close 309.20
Day's Range 298.10 - 309.00
52-Week Range 192.40 - 796.90
Beta 0.04
RSI 66.59
Earnings Date May 16, 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]

Sector Industrials
Founded 1974
Employees 1,809
Stock Exchange National Stock Exchange of India
Ticker Symbol RITES
Full Company Profile

Financial Performance

In 2024, RITES's revenue was 22.18 billion, a decrease of -9.58% compared to the previous year's 24.53 billion. Earnings were 3.85 billion, a decrease of -15.50%.

Financial Statements

News

RITES signs MoU with Hindustan Copper to develop mineral supply chain

RITES Ltd., a leading transport infrastructure consultancy and engineering company, has recently informed exchanges that the company signed a Memorandum of Understanding (MoU) with Hindustan Copper Li...

20 hours ago - Business Upturn

Railway stocks falls: RailTel drops 3.83%, RITES down 3.14%, RVNL falls 2.22%, Texmaco Rail down 2.65%

Railway stocks were largely trading in the red in early market hours on June 6, as of 9:58 AM, reflecting a broader weakness in equity benchmarks. RailTel Corporation of India registered the steepest ...

1 day ago - Business Upturn

Railway stocks rally: IRCON surges 12%, RailTel up 9%, Texmaco Rail jumps 8%, RITES up 7.55%

Railway sector stocks witnessed notable upward momentum in today’s trade as of 12 PM. IRCON International led the rally with a sharp rise of over 12% on the NSE, trading at ₹217.52. RailTel Corporatio...

3 days ago - Business Upturn

RITES emerges as lowest bidder for Rs 28.5 crore GUDC project in Gujarat

RITES Ltd. has been declared the lowest (L-1) financial bidder in a tender floated by the Gujarat Urban Development Company Limited (GUDC). The tender pertains to the appointment of a Third-Party Insp...

4 days ago - Business Upturn

RITES eyes revenue growth through export focus, quality assurance & business diversification: CMD

RITES Ltd is focusing on increased export orders and diversifying its Quality Assurance (QA) business to boost revenue growth. Despite a slight dip in revenue in Q4 FY25, net profit increased, driven ...

20 days ago - The Times of India

City Plans Four Intercity Bus Terminals To Decongest Traffic

Nagpur: City traffic may get some relief as a new plan proposes shifting intercity buses out of the core areas. MahaMetro and RITES, under the Compreh.

21 days ago - The Times of India

RITES shares surge 6% as Q4 net profit rises 3.4% YoY to Rs 141.3 crore

RITES Ltd shares jumped 6% after the company reported a resilient performance for Q4 FY25, defying a drop in revenue with improved margins and steady profit growth. The state-owned engineering consult...

23 days ago - Business Upturn

RITES Q4 results: Revenue down 4.3% YoY to Rs 643 crore, Net profit rises 3.4% YoY

RITES Ltd reported a steady financial performance for the quarter ended March 31, 2025, with net profit rising 3.4% year-on-year to ₹141.3 crore, compared to ₹136.7 crore in the same period last year....

23 days ago - Business Upturn

RITES secures Rs 28 crore order from Mahanadi Coalfields for rail connectivity project

RITES Limited has received a major order from Mahanadi Coalfields Limited (MCL) for providing Detailed Engineering and Project Management Consultancy services. The scope of the project involves the ra...

6 weeks ago - Business Upturn

RITES shares dip 2% after mutual termination of consultancy contract with UPSBCL

Shares of RITES Ltd. dropped 2% after the company announced the mutual termination of its consultancy contract with U.P. State Bridge Corporation Limited (UPSBCL). The contract, awarded on October 28,...

2 months ago - Business Upturn

RITES shares jump 2.5% after securing Rs 155.50 crore railway order

RITES Ltd shares surged 2.5% after the company received a Letter of Award from Numaligarh Refinery Ltd (NRL) for railway siding projects. The contract, valued at ₹155.50 crore, involves work at NRL Pa...

2 months ago - Business Upturn

RITES shares jump nearly 5% as company secures Rs 27.96 crore order from South Central Railway

Shares of RITES Ltd surged over 4% after the company secured a Letter of Acceptance for a significant project worth ₹27.96 crore from South Central Railway. The contract involves conducting a Final Lo...

3 months ago - Business Upturn

My big red carpet makeover: what I learned from the stylists to the stars

Stock up on wig tape, plunge your face in icy water, prepare your poses – and get ready for some really tricky interview questions Awards season draws to a close this weekend, with the Brits on Saturd...

3 months ago - The Guardian

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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.

3 months ago - NDTV

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.

3 months ago - NDTV

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...

3 months ago - Business Upturn

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...

4 months ago - Business Upturn

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...

4 months ago - Business Upturn

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 ...

4 months ago - Business Upturn

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...

4 months ago - Business Upturn

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,...

4 months ago - Business Upturn

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...

4 months ago - Business Upturn

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...

4 months ago - Business Upturn