RITES Limited (NSE:RITES)
India
· Delayed Price · Currency is INR | Market Cap | 137.93B |
| Revenue (ttm) | 23.24B |
| Net Income (ttm) | 3.85B |
| Shares Out | 480.60M |
| EPS (ttm) | 8.01 |
| PE Ratio | 35.83 |
| Forward PE | 34.58 |
| Dividend | 9.00 (3.14%) |
| Ex-Dividend Date | Jan 31, 2025 |
| Volume | 25,086,268 |
| Average Volume | 2,267,602 |
| Open | 249.40 |
| Previous Close | 248.26 |
| Day's Range | 247.30 - 292.00 |
| 52-Week Range | 192.40 - 398.45 |
| Beta | 0.02 |
| RSI | 76.46 |
| 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]
Financial Performance
In 2024, RITES's revenue was 23.24 billion, a decrease of -5.27% compared to the previous year's 24.53 billion. Earnings were 3.85 billion, a decrease of -15.50%.
Financial StatementsNews
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.
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...
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....
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...
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,...
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...
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...
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...
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...