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Worth Seeing!
Raymond Moses: Unleashing the Financial Potential of Billions!
Rites is currently trading at Rs. 667.00, up by 2.55 points or 0.38% from its previous closing of Rs. 664.45 on the BSE.
The scrip opened at Rs. 669.95 and has touched a high and low of Rs. 679.00 and Rs. 666.35 respectively. So far 15699 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 826.15 on 27-Feb-2024 and a 52 week low of Rs. 432.65 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 683.70 and Rs. 647.25 respectively. The current market cap of the company is Rs. 15966.86 crore.
The promoters holding in the company stood at 72.20%, while Institutions and Non-Institutions held 14.28% and 13.51% respectively.
RITES has emerged as the lowest bidder (L-1) in the tender floated by UP State Bridge Corporation for Consultancy Services for Construction of Civil works (CSC) for supervision, Monitoring, Quality Control and Work Zone Safety for Construction of Bridges, Rail Over/Under Bridges, Flyovers and Elevated Roads including approaches in several districts of Uttar Pradesh. The order is subject to award after the due process of scrutiny / evaluation by the UP State Bridge Corporation as per the requisite requirements mentioned in the tender documents. The estimated value of the bid is Rs 60.03 crore plus GST.
RITES is a multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies. It provides a comprehensive array of services under a single roof and believes n transfer of technology to client organizations.
| Company Name | CMP |
|---|---|
| Engineers India | 196.25 |
| Rites | 302.40 |
| Pitti Engineering | 1309.20 |
| Kennametal India | 3014.15 |
| MTAR Technologies | 1676.15 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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