RITES Limited (NSE: RITES)
India
· Delayed Price · Currency is INR | Market Cap | 131.16B |
| Revenue (ttm) | 23.53B |
| Net Income (ttm) | 3.98B |
| Shares Out | 480.60M |
| EPS (ttm) | 8.28 |
| PE Ratio | 32.94 |
| Forward PE | 25.99 |
| Dividend | 9.00 (3.30%) |
| Ex-Dividend Date | Nov 14, 2024 |
| Volume | 695,447 |
| Open | 267.70 |
| Previous Close | 269.60 |
| Day's Range | 267.60 - 275.80 |
| 52-Week Range | 223.90 - 412.98 |
| Beta | 0.12 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 31, 2024 |
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 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...
RITES shares surge over 7% on MoU with Etihad Rail
RITES Limited (NSE: RITES) witnessed a significant rise in its stock price, gaining ₹21.25 (+7.08%) to trade at ₹321.60 as of 9:34 AM. The stock opened at ₹306.00 and reached a high of ₹323.00, while ...
RITES & Etihad Rail sign MoU for rail infrastructure projects in UAE
RITES Limited, a prominent transport infrastructure consultancy, has signed a Memorandum of Understanding (MoU) with Etihad Rail, the developer and operator of the UAE National Rail Network. The MoU, ...
RITES secures major international order worth Rs 453.61 crore for locomotive supply and commissioning
RITES Limited has announced that it has secured a significant international contract from Ntokoto Rail Holdings Pty. Ltd. The contract involves the supply and commissioning of overhauled in-service Ca...
RITES signs MoU with DMRC for exploring Metro works
RITES Ltd has recently informed exchanges that the company signed a Memorandum of Understanding (MoU) with the Delhi Metro Rail Corporation (DMRC), which is known for running and maintaining Delhi’s h...
RITES secures international order worth ₹35.5 crore from Tsiko Africa Logistics
RITES Limited, a leading transport infrastructure consultancy and engineering firm, has received a Letter of Award (LOA) from Tsiko Africa Logistics (Pty) Limited, an international entity, for the sup...
Rites shares drop 3% in morning trade
Rites shares witnessed a significant downturn today, falling to Rs 345.55, down 13.00 points or 3.63% as of 10:34 AM. Rites shares opened at ₹353.00, reaching a high of ₹353.50 and a low of ₹342.75 du...
RITES secures ₹100 crore order from Adani Ports
RITES Ltd., a leading transport consultancy and engineering firm, has won a significant order worth approximately ₹100 crore. The company received a Letter of Award (LOA) from Adani Ports & SEZ Limite...
RITES share price surges over 10% as company will trade Ex Bonus and Ex Dividend today
RITES share jumped more than 10% in morning trade as the company will trade Ex Bonus and Ex Dividend today. Friday, September 20, 2024, is the record date for eligibility for a 1:1 bonus and dividend ...
RITES emerges as lowest bidder for construction of civil works in Uttar Pradesh
RITES has informed the exchanges that it has emerged as the lowest bidder (L-1) in the tender floated by UP State Bridge Corporation Limited for Consultancy Services for Construction of Civil Works (C...
RITES shares surge 4% after signing MoU with NBCC for consultancy works
Shares of RITES surged by more than 4% on September 5, 2024, after the company signed a MoU with NBCC for consultancy works. On RITES Ltd has announced that it has signed a Memorandum of Understanding...
RITES signs MoU with NBCC for consultancy works
RITES Ltd., a leading transport infrastructure consultancy, has informed exchanges that the company signed a Memorandum of Understanding (MoU) with NBCC (India) Ltd., a CPSE under the Ministry of Hous...
RITES emerges as lowest bidder for a USD 2.67 crore contract
RITES has recently informed exchanges that the company is the lowest bidder (L-1) in the tender floated by Tanzania Railways Corporation for the supply, testing and commissioning of four diesel multip...