Rites is currently trading at Rs. 224.45, up by 11.30 points or 5.30% from its previous closing of Rs. 213.15 on the BSE.
The scrip opened at Rs. 213.20 and has touched a high and low of Rs. 228.00 and Rs. 212.95 respectively. So far 48078 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 413.08 on 27-Feb-2024 and a 52 week low of Rs. 200.35 on 17-Feb-2025.
Last one week high and low of the scrip stood at Rs. 228.00 and Rs. 200.35 respectively. The current market cap of the company is Rs. 10472.36 crore.
The promoters holding in the company stood at 72.20%, while Institutions and Non-Institutions held 12.17% and 15.63% respectively.
RITES has signed a Memorandum of Understanding (MoU) with the Central Water and Power Research Station (CWPRS), an R&D organization as a subordinate office of the Department of Water Resources, River Development and Ganga Rejuvenation, Ministry of Jal Shakti. This collaboration entails works related to engineering consultancy services, and research & development projects in water resources, marine, and inland waterways infrastructure.
This strategic partnership will combine RITES’ expertise in transport infrastructure consultancy and project management with CWPRS’ advanced research capabilities in water resources to drive innovative solutions in marine, coastal, inland waterways, and hydropower infrastructure. It aims at enhancing project efficiency and sustainability through joint engineering consultancy, research, and development initiatives.
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 | 160.50 |
| Rites | 232.40 |
| Pitti Engineering | 1045.45 |
| Kennametal India | 2197.15 |
| MTAR Technologies | 1336.25 |
| 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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