RITES Limited (NSE: RITES)
India
· Delayed Price · Currency is INR | Market Cap | 134.64B |
| Revenue (ttm) | 23.53B |
| Net Income (ttm) | 3.98B |
| Shares Out | 480.60M |
| EPS (ttm) | 8.28 |
| PE Ratio | 33.82 |
| Forward PE | 26.68 |
| Dividend | 9.00 (3.21%) |
| Ex-Dividend Date | Nov 14, 2024 |
| Volume | 455,728 |
| Open | 278.20 |
| Previous Close | 280.70 |
| Day's Range | 278.20 - 283.65 |
| 52-Week Range | 245.00 - 412.98 |
| Beta | 0.12 |
| Analysts | n/a |
| Price Target | n/a |
| 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
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...
RITES shares surge 2% after signing MoU with SAIL’s Bokaro Steel Plant
RITES Ltd shares rose over 2% in early trading today after the company signed a significant Memorandum of Understanding (MoU) with Steel Authority of India Limited’s (SAIL) Bokaro Steel Plant (BSP). T...
RITES secures contract worth Rs 59.13 crore for consultancy services from UP State Bridge Corporation
RITES has recently informed exchanges that the company has bagged a contract of Rs. 59.13 crore (excluding GST) from UP State Bridge Corporation Limited for consultancy services for construction super...
RITES sings MOU with NMDC for rail connectivity works
RITES recently informed exchanges that the company has signed a Memorandum of Agreement (MoA) with NMDC Limited, India’s largest iron ore producer, to offer comprehensive Project Management Consultanc...
RITES shares surge nearly 2% on project upgrade with KMERC
RITES Limited shares rose by nearly 2% following a significant project update regarding its involvement with the Karnataka Mining Environment Restoration Corporation (KMERC). The project, initially aw...
RITES wins ₹453.99 crore turnkey contract from Karnataka Mining Corporation
The contract is expected to be completed within 30 months from the date of signing the agreement or the handover of the site, whichever is later.
RITES secures INR 53.5 crore turnkey contract from Andhra Pradesh Power Generation Corporation
RITES Limited has been awarded a ₹53.5 crore turnkey contract from Andhra Pradesh Power Generation Corporation (APGENCO) for the construction of a bypass line connecting the RTPP yard to Kalamalla Rai...
Top Morning Losers Today: Home First, RITES, ICICI Securities, Natco Pharma, Thermax lead declines [Oct 10]
Several stocks are facing downward pressure in the morning session as of 10:41 AM. Here are the top losers: Home First Finance (HOMEFIRST): The stock fell by 4.90%, trading at ₹1,245.25, down ₹64.10. ...
Top Gainers Today Afternoon: RITES up 9.12%, JP Power rises 8.54%, Suzlon jumps 8.20%
The stock market experienced significant upward movement today, with several stocks posting strong gains by 11:17 AM. Leading the charge were RITES, JP Power, Suzlon Energy, and Lloyds Metals, all ben...