Rites Ltd

RITES Q4 results 2022: Operating revenue, excluding other income, went up by 21.5 per cent to Rs 744 crore in Q4 FY22

3i Infotech, ACC, Aurobindo, Berger Paints, DCB Bank, GMR Infra, Indiabulls Housing, NDTV, Nykaa, Petronet, PowerGrid Corp, SAIL and Tata Power to report earnings today.

The three IT majors - Infosys, TCS and Wipro shall react to the Q3 earnings reported on Wednesday after market hours this morning.

Standard Life will divest 3.46 per cent or 70 million shares in HDFC Life Insurance Company on Tuesday

V G Suresh Kumar will be RITES nominee on IRSDC board; RITES' induction has brought IRSDC additional capital of Rs 48 crore

RITES Ltd on Thursday said it has bagged a Rs 206 crore contract to construct four road over bridges in Andhra Pradesh from Indian Railways.

The order covers the construction of four roads over bridges in replacement of level crossings on the Vijaywada-Vishakhapatnam section

All that happened in the markets today

The board of directors at RITES Ltd has approved buy-back of 9.69 million equity shares with a face value of Rs 10 each at Rs 265 per share

All that happened in the markets today

The railways consultancy firm had posted a consolidated profit of Rs 150.38 crore in the corresponding quarter of previous fiscal

The base price for the OFS was set at Rs 298 per share

Among sectoral indices, barring Pharma and FMCG, all the other indices ended in the red with media and PSU Bank stocks taking the biggest knock

With this, the government's stake in RITES may fall to 72.4 per cent from 87.4 per cent currently.

RITES is a leading player in transport consultancy and engineering sector in India

The company's revenue for the period under review remained almost flat at Rs 3.7 billion, despite a decrease of Rs 700 million in export revenue