Rites Ltd

RITES Ltd, an infrastructure, consultancy and engineering firm, on Tuesday reported a 2 per cent drop in net profit at Rs 129.97 crore for March quarter FY26 impacted by higher expenses. The company had posted a net profit of Rs 132.71 crore for the year-ago period. However, income during the January-March period rose to Rs 799.21 crore over Rs 625.81 crore in the year-ago period, RITES said in a filing to BSE. Expenses too increased to Rs 617.50 crore from Rs 434.76 crore. The board has recommended final dividend of Rs 2.75 per share for financial year 2025-26, subject to approval by shareholders. The company is into various segments including railways, metros, tunnels, bridge, urban engineering, sustainability and green mobility, airports and institutional buildings.

Stocks to buy: Axis Direct has recommended 'Buy' call on Kalpataru Projects International, RITES Ltd and Ahluwalia Contracts

With Indian Railways nearly fully electrified, RITES is pushing exports of in-service diesel locomotives-mainly to African nations

Nitant Darekar of Bonanza believes that railway stocks present a compelling investment opportunity, and merit accumulation for investors seeking infrastructure exposure ahead of Budget 2026.

Rites share price surged on Wednesday as it expanded its African order book significantly with the latest Zimbabwe deal.

RITES shares rose after it received a LoA from Ndalama Capital (Pty) Ltd., South Africa, for the supply and commissioning of diesel-electric locomotives

RITES share price rose after the company announced that it has secured an order worth ₹372.68 crore from NIMHANS Bengaluru.

RITES Ltd, a transport infrastructure consultancy and engineering firm, on Tuesday said it has signed a pact with UAE-based Etihad Rail for business collaboration with its subsidiary National Infrastructure Construction Company. A Memorandum of Understanding (MoU) was signed in this regard, which aims to enhance business collaboration in the mobility and infrastructure sectors across the UAE and other regions, according to a statement. This partnership aims at combining RITES' five decades of expertise in consultancy, transport infrastructure, and engineering solutions with the execution capabilities of National Infrastructure Construction Company, creating synergies for shaping infrastructure projects in the region, the statement said. "The MoU was signed by H.E. Shadi Malak, CEO of Etihad Rail, and Rahul Mithal, Chairman and Managing Director of RITES Ltd., in the presence of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Etihad Rail, and Ambassador of Ind

Rites shares rose 7 per cent on receiving LoA from Talis Logistics, South Africa, for the supply of overhauled in-service Cape gauge ALCO diesel-electric locomotives

RITES share price gained after the company announced that it has secured an order worth ₹25.30 crore from NTPC.

RITES share price rose after the company said that it has bagged an order for construction and renovations of Government First Grade college at various locations in Karnataka under PM USHA Scheme.

RITES share price was buzzing in trade after the company announced that it has bagged multiple orders.

Rites share price was grabbing investors' interest in trade on Wednesday after the company received a letter of intent (LoI) from Gujarat Urban Development

Rites shares rose 3 per cent on Tuesday after it won a Letter of Acceptance (LoA) from a South American country for $2.9 million

PSU railway stocks trade at several times book value (net worth) and at very rich price-earnings (P/E) multiples, the Kotak report said

Engineering firm RITES Ltd on Friday said it has signed an agreement with Hindustan Copper Limited (HCL) to jointly develop the supply chain for metals and minerals, including critical minerals, both in the domestic market and overseas. The partnership will focus on exploration, extraction, refining, and production activities in India and abroad. The collaboration includes participation in mineral block auctions and the development of mining infrastructure. As part of the Memorandum of Understanding (MoU), RITES will provide consultancy and logistics solutions, including project planning, transport infrastructure development, multimodal transport planning, and rolling stock support, to strengthen the mining operations of Hindustan Copper. "This strategic partnership aims to build an integrated, self-reliant mineral value chain that supports India's critical mineral security, fosters sustainable growth, and strengthens the nation's economic resilience," the company said in a ...

IRCON International, Texmaco Rail & Engineering and RailTel Corporation of India rallied between 9 per cent and 13 per cent on the BSE in Wednesday's intra-day trade amid heavy volume.

Technical outlook on railway-related stocks: Charts show that IRCTC, RailTel, Ircon, RVNL and RITES are testing 200-DMAs; a breakout can trigger fresh rally at these counters. Check key levels here

The drop in RITES share price came after the company revealed that its contract with UP State Bridge Corporation has been terminated.

The rise in RITES share price came after the company announced that it has secured an order worth $9.7 million from the Guyana government