Business Standard

Rites

Expect breakthrough in Vande Bharat export efforts: RITES CMD Rahul Mithal

'From the last lot of coaches and diesel electric multiple units exported to Sri Lanka, we are expecting a revenue of close to Rs 100 crore'

Expect breakthrough in Vande Bharat export efforts: RITES CMD Rahul Mithal
Updated On : 23 Nov 2022 | 11:55 AM IST

Stocks to Watch: Wipro, Paytm, Indian Oil, Rites, RIL, Persistent Systems

Shares of Indian Oil Corp will be on radar as the company has bought 3 million barrels of Russian Urals from trader Vitol for May delivery.

Stocks to Watch: Wipro, Paytm, Indian Oil, Rites, RIL, Persistent Systems
Updated On : 15 Mar 2022 | 7:51 AM IST

BEML, RITES ink pact, to bid for Metro systems, export of rolling stock

BEML Limited has signed a Memorandum of Understanding (MoU) with RITES Limited, a leading transport infrastructure consultancy and engineering company, to explore and jointly bid for opportunities in the fields of Metro systems and export of rolling stock. As part of the MoU, RITES will provide expertise in design, engineering, marketing and any other support that may be required for tapping domestic and overseas opportunities while BEML will be responsible for manufacturing of customised metro coaches and rolling stock a BEML statement said. "The MoU will allow both companies to leverage each other's expertise and technologies to opitimise operations and expand on a global level," it said. It would enable BEML and RITES to jointly bid and provide the entire spectrum of services from design, manufacture to operations & maintenance for the existing and upcoming Metro systems as well as export of rolling stock and related services. "The collaboration will not only create a platform

BEML, RITES ink pact, to bid for Metro systems, export of rolling stock
Updated On : 16 Dec 2021 | 3:10 PM IST

Railway board shuts down RLDA-RITES-Ircon JV on Sanjeev Sanyal's advice

Station modernisation and redevelopment goes back to Zonal Railways

Railway board shuts down RLDA-RITES-Ircon JV on Sanjeev Sanyal's advice
Updated On : 19 Oct 2021 | 10:54 PM IST

RITES bags 'highest ever' Rs 4,027-cr order from Ministry of Railways

RITES is currently executing doubling project at Gooty-Dharmavaram and 3rd line project at Annupur-Pendra Road of approximately 140 km, which are near completion.

RITES bags 'highest ever' Rs 4,027-cr order from Ministry of Railways
Updated On : 06 Aug 2021 | 7:18 PM IST

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on

The RSI has indicated a trend reversal, showing strength, and has signaled a buy for RITES

Two stocks that Vaishali Parekh of Prabhudas Lilladher is bullish on
Updated On : 17 May 2021 | 8:46 AM IST

Adani Power, RITES: Trading tips by Vaishali Parekh of Prabhudas Lilladher

The stock of Adani Power has improved the bias with decent volume participation

Adani Power, RITES: Trading tips by Vaishali Parekh of Prabhudas Lilladher
Updated On : 22 Feb 2021 | 8:29 AM IST

BPCL, IRCTC: 5 PSU stocks to include in your portfolio ahead of Budget 2021

PSU stocks like IRCTC, BPCL, RCF, and RITES have not seen aggressive selling pressure. A small recovery may see a strong bullishness going forward

BPCL, IRCTC: 5 PSU stocks to include in your portfolio ahead of Budget 2021
Updated On : 29 Jan 2021 | 11:29 AM IST

NTPC to buy back shares worth Rs 2,275 cr as part of restructuring plan

Gets board nod to buy back up to 197.8 mn quity shares; thermal power giant registers 4.8% growth in profit in Q2

NTPC to buy back shares worth Rs 2,275 cr as part of restructuring plan
Updated On : 02 Nov 2020 | 11:56 PM IST

RITES takes 24% stake in railway station firm, gets board representation

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

RITES takes 24% stake in railway station firm, gets board representation
Updated On : 15 Oct 2020 | 10:59 PM IST

RITES announces buyback of 9.6 million shares worth up to Rs 257 crore

Transport Infrastructure Consultancy and Engineering firm RITES Ltd on Friday said its board has approved buyback of 9.6 million shares with repurchase amount not exceeding Rs 257 crore

RITES announces buyback of 9.6 million shares worth up to Rs 257 crore
Updated On : 18 Sep 2020 | 8:56 PM IST

RITES to provide technical consultancy for upcoming Noida heliport

The Noida Authority on Thursday roped in state-run RITES for technical consultancy for the upcoming heliport project in the city, officials said

RITES to provide technical consultancy for upcoming Noida heliport
Updated On : 13 Aug 2020 | 4:49 PM IST
Updated On : 03 Jul 2020 | 8:23 PM IST

RITES to pick 24% stake in Railway's station redevelopment entity

According to sources, a shareholder agreement was signed on May 21 and the proposal will be taken up for approval of the shareholders

RITES to pick 24% stake in Railway's station redevelopment entity
Updated On : 29 Jun 2020 | 1:29 AM IST

Centre mops up nearly Rs 400 crore through Rites offer for sale

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

Centre mops up nearly Rs 400 crore through Rites offer for sale
Updated On : 28 Feb 2020 | 11:15 PM IST

RITES shares tumble 6% as OFS opens for non-retail investors

The company said the offer was being undertaken for achieving the minimum public shareholding of the Company as per the Sebi norms

RITES shares tumble 6% as OFS opens for non-retail investors
Updated On : 27 Feb 2020 | 11:13 AM IST

Market Ahead, February 6: All you need to know before the Opening Bell

A total of 135 companies are scheduled to announce their December quarter earnings today including Eicher Motors, Hero MotoCorp, Sun Pharma, and RITES

Market Ahead, February 6: All you need to know before the Opening Bell
Updated On : 06 Feb 2020 | 7:59 AM IST

RITES slips 3% as govt's stake sale via offer for sale opens today

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

RITES slips 3% as govt's stake sale via offer for sale opens today
Updated On : 22 Nov 2019 | 10:44 AM IST

RITES profit doubles to Rs 237 crore in Sep quarter on export growth

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

RITES profit doubles to Rs 237 crore in Sep quarter on export growth
Updated On : 13 Nov 2019 | 8:48 PM IST

RITES surges 19% in 1 week on Rs 160 crore order win from Sri Lanka

The company has signed contract with Sri Lanka government for supply of two additional fully air-conditioned Diesel Multiple Unit (DMU) train sets.

RITES surges 19% in 1 week on Rs 160 crore order win from Sri Lanka
Updated On : 26 Sep 2019 | 1:51 PM IST