RITES Limited (NSE:RITES)

India flag India · Delayed Price · Currency is INR
223.37
-7.27 (-3.15%)
Mar 28, 2025, 3:30 PM IST
-66.30%
Market Cap 107.35B
Revenue (ttm) 22.46B
Net Income (ttm) 3.78B
Shares Out 480.60M
EPS (ttm) 7.88
PE Ratio 28.36
Forward PE 27.37
Dividend 9.00 (3.90%)
Ex-Dividend Date Jan 31, 2025
Volume 2,106,593
Average Volume 2,207,078
Open 230.99
Previous Close 230.64
Day's Range 222.25 - 236.54
52-Week Range 192.40 - 398.45
Beta 0.14
RSI 48.43
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 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 Statements

News

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...

22 days 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...

4 weeks 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...

5 weeks 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...

5 weeks 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.

5 weeks 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.

5 weeks 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...

5 weeks 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...

6 weeks 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...

6 weeks 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 ...

6 weeks 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...

7 weeks 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,...

7 weeks 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...

7 weeks 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...

2 months ago - Business Upturn

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 ...

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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. ...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn

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...

3 months ago - Business Upturn