Rites

RITES to continue West Asia foray, war impact not substantial: Rahul Mithal

RITES will continue expanding in West Asia despite regional conflict, betting on IMEC-linked opportunities and digital trade corridor projects

RITES Ltd Q4 FY26 results: Net profit declines 2% to ₹130 crore

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.

RITES pushes in-service diesel locomotives on export fast-track

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

Rites signs MoU with Botswana Government, stock gains 3%; check details

Under the MoU, Botswana will draw upon Rites Limited's extensive technical expertise for the development and modernisation of railway systems

Rites signs MoU with Botswana Government, stock gains 3%; check details

Under the MoU, Botswana will draw upon Rites Limited's extensive technical expertise for the development and modernisation of railway systems

Stocks to Watch today, Nov 24: HUL, TCS, RVNL, HG Infra, Marico

Stocks to Watch today, November 24, 2025: From RVNL to HUL, here is a list of stocks that will be on investors' and traders' radar

Rites to export in-service diesel locomotives to South Africa: CMD Mithal

RITES Limited, a firm under the Ministry of Railways, for the first time will export in-service diesel locomotives to South Africa from the end of this fiscal year, the company's chairman and managing director, Rahul Mithal, said. Since Indian Railways is almost fully electrified, it is exploring opportunities to export its in-service diesel locomotives, having over 15 years of functional life remaining, he said. RITES has secured orders to export 18 in-service locomotives to South Africa after suitable modifications to suit the country's operational requirements, he said. While RITES has been exporting new locomotives, this is the first time the company has secured an order for the export of in-service locomotives, he added. South Africa follows the Cape Gauge system, where the distance between the tracks is 1,067 mm, whereas India's rail system operates on the Broad Gauge system with a track width of 1,676 mm. "We will deliver the first modified in-service diesel locomotive by .

RITES share rises 3% on securing deal worth ₹373 cr from NIMHANS Bengaluru

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

Stocks to Watch today, Oct 1: Nestle Ind, Lupin, ICICI Bk, Rate-sensitives

Stocks to Watch today, October 1, 2025: From Nestle India, Lupin to ICICI Bank, here is a list of stocks that will be in focus

Stocks to Watch today, Sept 26: Pharma, IT, auto, Polycab, Rites, Eternal

Stocks to Watch today, September 26, 2025: From Pharma, auto to Polycab, here is a list of stocks that will be in focus

Want dividend payouts? Check these 27 stocks before they go ex on Sep 17

Dividend stocks today: Here is the complete list of stocks that will remain in focus today as they are set to trade ex-dividend tomorrow, Wednesday, September 17, 2025

RITES share price jumps 5% on securing deal worth ₹25-crore from NTPC

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

RITES share price zooms 6% on multiple deal wins; key details here

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

Rites share price gains 12% in two days; what's driving investor interest?

Rites share price extends rally for the second straight session climbs 12 per cent in two days; here's why

Focus on exports, diversification to boost revenue growth: RITES CMD

Proactive efforts to secure export orders for rolling stock and diversify the client base have helped improve our revenue outlook for the coming years, RITES Ltd Chairman and Managing Director Rahul Mithal said. A Navratna public sector undertaking and leading transport and engineering consultancy company, RITES this week reported a 4.3 per cent decline in its consolidated operating revenue in the March quarter to Rs 615 crore compared to Rs 643 crore in the year-ago quarter. Net profit rose by 3.4 per cent year-on-year to Rs 141 crore in the quarter. Mithal told PTI that the company's rolling stock export business was impacted due to a lack of fresh orders from many of its erstwhile African and South Asian clients during the pandemic and post-pandemic periods. He added that the Quality Assurance segment also faced challenges as Indian Railways fixed four entities, for the first time, for the Quality Assurance work through an open tendering process, impacting both the volume and ...

Rites posts highest margin in 6 years in Q4FY25; stock jumps 11%

Rites stock was quoting at ₹276.69, up 11.5 per cent from the previous session's close of ₹248.26 on the NSE

RITES share falls 3.5% on contract termination by UP State Bridge Corp

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

Rites up 3% on bagging order from Oil India; Infomerics reaffirms rating

The demand for the stock came after the company received a letter of award from Oil India for construction of workmen housing complex (BQ Area) at Oil India, Duliajan

Here's why this state-owned railway stock climbed 4% in trade on March 18

RITES share price climbed 3.84 per cent to an intra-day high of Rs 212.25 per share on the BSE during intra-day deals on Tuesday

Stocks to Watch, Feb 20, 2025: Religare Ent, Waaree Energies, Bharat Forge

Stocks to Watch, Feb 20, 2025: From Religare to Waaree Energies, here are few stocks that will remain on investors' radar today