Rites Ltd

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.

RITES signs pact with Etihad Rail to enhance infrastructure, mobility ties

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 gain 7% on $18-mn order from South Africa's Talis Logistics

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 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 rises 2% on securing ₹47-crore deal in Karnataka; details

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 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 rises 3% on securing ₹28.5 crore order from Gujarat Urban Development

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 gain 3% on winning $2.9 million international order

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

IRCON, RVNL: Disconnect between fundamentals, valuations of railway stocks

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

RITES, HCL sign pact to develop critical mineral supply chain

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 ...

Railway related shares surge up to 13%; what's driving the rally today?

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.

Are railway stocks ready for a BIG rally? RVNL, IRCTC in focus; here's why

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

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.

Here's why this State-owned railway stock gained 3% in trade on January 1

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

Rites share price rallies up to 13% on NSE, BSE on heavy volume; details

Rites share price: The trading volume of nearly nine lakh Rites shares was higher than the two-week average quantity of 67,000 shares on the BSE

RITES shares up 4% on Rs 298-cr order win from Ministry of External Affairs

The rise in RITES share price came after the company announced that it has secured an order worth Rs 297.67 crore from the Ministry of External Affairs, Government of India

Rites up 4% on being appointed as PMC for Rs 148-cr project by IIM Raipur

The contract is priced at Rs 148.25 crore and has to be executed within 23 months

Stocks to Watch, Dec 6: Vi, Canara Bank, rate sensitives, Nykaa, RITES

Stocks to Watch, Dec 6: From rate sensitives to Vodafone Idea (Vi) here is a list of stocks to remain in focus today

PSU stocks rally; RITES, Indian Bank, Bharat Dynamic, RVNL surge up to 13%

At 10:20 AM, the BSE PSU index, the top gainer among sectoral indices, was up 3.5 per cent at 19,856, as compared to the 1.5 per cent rise in the BSE Sensex

Rites up 13% as LMG-BPB project worth revised to Rs 532 cr from Rs 288 cr

The major order for electrification of Lumding - Badarpur section was received by the company in June 2021 and was priced at Rs 288.44 crore