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Railways PSU RITES offer-for-sale (OFS) opens on bourses; share price slumps 5 pct
Thu, Feb 27, 2020
Government's offer-for-sale (OFS) for selling up to 10 per cent stake in railway PSU RITES opened on stock exchanges on Thursday with a floor price of Rs 298.
Budget 2020 My Pick: RITES share can give you windfall returns, likely to benefit from budget
Fri, Jan 17, 2020
RITES is completely free from debt. The balance sheet reflects Rs 2000 cr cash reserves. The stock valuations of RITES are quite cheap
Stocks in Focus on November 22: CSB bank, RITES to BHEL; here are the 5 Newsmakers of the Day
Fri, Nov 22, 2019
The market snapped its two-day winning run and ended with modest losses on Thursday, November 21, 2019, but stock-specific movements kept the traders busy throughout the day. But certain stocks came in news after the market was closed for trading purposes.
RITES Order Book stood at Rs 5,800 crore at end of Q2: Rajeev Mehrotra, CMD
Fri, Nov 15, 2019
Rajeev Mehrotra, Chairman and Managing Director (CMD), RITES, talks about September quarter results, order book and outlook on consultancy business.
Damdar Diwali: Top picks to buy on an auspicious day - Check the full list of suggested stocks
Mon, Oct 14, 2019
Shares to buy: SBI Life, RITES, Dixion Technologies and Lumax India are the shares that Axis Securities advises to buy this Diwali 2019.
Shares to buy on May 13: Top 5 stocks on which brokerage firms are betting high upon
Mon, May 13, 2019
Shares to buy on May 13 are HCL Technologies, Shriram Transport, Satin Creditcare Network, Bharti Airtel and RITES that can give promising return in long-term perspective, says various brokerage firms' equity research experts.
Stock market pick: Rites share price expected to rise 40 per cent in 12 months, say experts
Tue, Apr 30, 2019
Stock market experts are bullish on RITES share price and they are suggesting share market investors buy it for up to 40 per cent return in 12 months.
RITES shares up 20% in just 2 days; can still rally more; to buy or not? Find out
Tue, Jul 03, 2018
RITES share price extended gains for the second straight session post its debut on stock market on Monday. The stock had surged 15 per cent over its issue price of Rs 185 in its debut trade yesterday, and rallied another 4 per cent today, taking the overall gains to 19.94 per cent so far on the BSE.
Market Debut: Rites gains 21% on listing day; should you buy?
Mon, Jul 02, 2018
Rites finished at Rs 212.70 per piece which was up by Rs 27.70 or 14.97% as against issue price.
RITES IPO sees 23% subscription in few hours of opening; is it worth subscribing?
Wed, Jun 20, 2018
The issue, which opened at 10 am today, has received bids of 57,39,600 equity shares which would be 23% of the total IPO up till 1338 hours, as per data given on NSE.
8 PSUs to hit capital markets next fiscal: DIPAM Secretary
Sun, Feb 18, 2018
HAL has already secured market regulator Sebi nod for floating an IPO. The government plans to sell 10 per cent stake in the defence PSU.
Bullet train: Work on India’s first undersea tunnel starts
Mon, Jan 01, 2018
NHSRCL and RITES have reportedly completed the survey of mangroves around the creek using Light Distance and Ranging (LIDAR) -- an aerial survey of the forest using a 100 megapixel camera.
Indian Railways' company reports highest-ever profit, dividend
Sat, Sep 17, 2016
It consequently recorded the highest ever profit after tax of Rs 339 crore against Rs 306 crore in the previous year.