RITES Limited (NSE:RITES)
Market Cap | 134.62B |
Revenue (ttm) | 22.18B |
Net Income (ttm) | 3.85B |
Shares Out | 480.60M |
EPS (ttm) | 8.01 |
PE Ratio | 34.97 |
Forward PE | 33.75 |
Dividend | 7.55 (2.71%) |
Ex-Dividend Date | Jan 31, 2025 |
Volume | 1,114,063 |
Average Volume | 2,808,954 |
Open | 280.00 |
Previous Close | 278.95 |
Day's Range | 279.20 - 284.40 |
52-Week Range | 192.40 - 796.90 |
Beta | 0.04 |
RSI | 54.29 |
Earnings Date | Jul 28, 2025 |
About RITES
RITES Limited, together with its subsidiaries, provides design, engineering consultancy, and project management services in the field of railways, highways, airports, metros, ports, ropeways, urban transport, inland waterways, and renewable energy. The company operates through five segments: Consultancy Services; Leasing of Railway Rolling Stock & Equipments; Export of Rolling Stock, Equipments and Spares; Turnkey Construction Projects; and Power Generation. It is involved in the engineering design and survey, feasibility studies, detailed desi... [Read more]
Financial Performance
In 2024, RITES's revenue was 22.18 billion, a decrease of -9.58% compared to the previous year's 24.53 billion. Earnings were 3.85 billion, a decrease of -15.50%.
Financial StatementsNews
Critical minerals push: Hindustan Copper to bid for critical minerals with IOCL, GAIL and RITES, plans Chile foray
Hindustan Copper Limited will bid for critical mineral blocks. The company will collaborate with Indian Oil Corporation and GAIL. They will jointly participate in mineral auctions. Hindustan Copper ex...

Hilton Metal Forging successfully manufactures forged railway wagon wheel set under ‘Make in India’ initiative
Hilton Metal Forging Ltd. has announced the successful manufacturing of a forged railway wagon wheel set, a development set to reduce reliance on imports from China and support the Indian Railways’ gr...

Top stocks to watch today, June 10: Tata Power, RITES, IRB Infrastructure, Jindal Saw, Capri Global and more
Indian equity markets continued their upward trend for a fourth straight session on Monday, June 9, 2025. The BSE Sensex ended 256.22 points higher at 82,445.21, up 0.31%. The NSE Nifty closed above t...

RITES secures international road project in Guyana worth Rs 24.32 crore
RITES Limited, a leading transport infrastructure consultancy and engineering firm, has announced a significant international win with the receipt of a Letter of Acceptance (LOA) from the Ministry of ...

RITES shares rise over 2% after MoU with Hindustan Copper for critical mineral supply chain collaboration
Shares of RITES Ltd climbed over 2% to ₹306.90 in early trade on Monday after the company signed a Memorandum of Understanding (MoU) with Hindustan Copper Ltd (HCL) on June 6. The agreement aims to bu...

Top stocks to watch today, June 9: Bharat Electronics, Infosys, NTPC, RITES, Garden Reach, NHPC and more
Benchmark indices closed sharply higher on Friday, with the BSE Sensex jumping 746.95 points and the NSE Nifty reclaiming the 25,000-mark. The rally came after the Reserve Bank of India (RBI) announce...

RITES signs MoU with Hindustan Copper to develop mineral supply chain
RITES Ltd., a leading transport infrastructure consultancy and engineering company, has recently informed exchanges that the company signed a Memorandum of Understanding (MoU) with Hindustan Copper Li...

Railway stocks falls: RailTel drops 3.83%, RITES down 3.14%, RVNL falls 2.22%, Texmaco Rail down 2.65%
Railway stocks were largely trading in the red in early market hours on June 6, as of 9:58 AM, reflecting a broader weakness in equity benchmarks. RailTel Corporation of India registered the steepest ...

Railway stocks rally: IRCON surges 12%, RailTel up 9%, Texmaco Rail jumps 8%, RITES up 7.55%
Railway sector stocks witnessed notable upward momentum in today’s trade as of 12 PM. IRCON International led the rally with a sharp rise of over 12% on the NSE, trading at ₹217.52. RailTel Corporatio...

RITES emerges as lowest bidder for Rs 28.5 crore GUDC project in Gujarat
RITES Ltd. has been declared the lowest (L-1) financial bidder in a tender floated by the Gujarat Urban Development Company Limited (GUDC). The tender pertains to the appointment of a Third-Party Insp...
RITES eyes revenue growth through export focus, quality assurance & business diversification: CMD
RITES Ltd is focusing on increased export orders and diversifying its Quality Assurance (QA) business to boost revenue growth. Despite a slight dip in revenue in Q4 FY25, net profit increased, driven ...
City Plans Four Intercity Bus Terminals To Decongest Traffic
Nagpur: City traffic may get some relief as a new plan proposes shifting intercity buses out of the core areas. MahaMetro and RITES, under the Compreh.

RITES shares surge 6% as Q4 net profit rises 3.4% YoY to Rs 141.3 crore
RITES Ltd shares jumped 6% after the company reported a resilient performance for Q4 FY25, defying a drop in revenue with improved margins and steady profit growth. The state-owned engineering consult...

RITES Q4 results: Revenue down 4.3% YoY to Rs 643 crore, Net profit rises 3.4% YoY
RITES Ltd reported a steady financial performance for the quarter ended March 31, 2025, with net profit rising 3.4% year-on-year to ₹141.3 crore, compared to ₹136.7 crore in the same period last year....

RITES secures Rs 28 crore order from Mahanadi Coalfields for rail connectivity project
RITES Limited has received a major order from Mahanadi Coalfields Limited (MCL) for providing Detailed Engineering and Project Management Consultancy services. The scope of the project involves the ra...

RITES shares dip 2% after mutual termination of consultancy contract with UPSBCL
Shares of RITES Ltd. dropped 2% after the company announced the mutual termination of its consultancy contract with U.P. State Bridge Corporation Limited (UPSBCL). The contract, awarded on October 28,...

RITES shares jump 2.5% after securing Rs 155.50 crore railway order
RITES Ltd shares surged 2.5% after the company received a Letter of Award from Numaligarh Refinery Ltd (NRL) for railway siding projects. The contract, valued at ₹155.50 crore, involves work at NRL Pa...

RITES shares jump nearly 5% as company secures Rs 27.96 crore order from South Central Railway
Shares of RITES Ltd surged over 4% after the company secured a Letter of Acceptance for a significant project worth ₹27.96 crore from South Central Railway. The contract involves conducting a Final Lo...

My big red carpet makeover: what I learned from the stylists to the stars
Stock up on wig tape, plunge your face in icy water, prepare your poses – and get ready for some really tricky interview questions Awards season draws to a close this weekend, with the Brits on Saturd...

RITES shares surge 4% after signing MoU with CWPRS to collaborate on marine infra consultancy
RITES Ltd shares climbed 4% after the company signed a Memorandum of Understanding (MoU) with the Central Water and Power Research Station (CWPRS), an R&D organization under the Ministry of Jal Shakti...

Top stocks to watch today on February 20: Rites, Bharat Forge, Waaree Energies, JBM Auto, ONGC and more
India’s stock markets are likely to open on a lower note today. As of 7:45 AM, GIFT Nifty futures were trading 74 points lower at 22,874 level. On Wednesday, the BSE Sensex closed at 75,939, down 28 p...

Permanent Holding Area To Be Designed At 5 Stations Including New Delhi: Ashwini Vaishnaw
The railway ministry has asked engineering consultancy public sector firm RITES Ltd to design permanent holding areas at five railway stations, including New Delhi.

Permanent Holding Area To Be Designed At 5 Stations Including New Delhi
The railway ministry has asked engineering consultancy public sector firm RITES Ltd to design permanent holding areas at five railway stations, including New Delhi.

RITES signs MoU with CWPRS for water infrastructure development
RITES Ltd., a leading transport infrastructure consultancy, has signed a Memorandum of Understanding (MoU) with the Central Water and Power Research Station (CWPRS), an R&D organization under the Mini...

RITES bags Rs 120.13 crore MoU with NUPPL for railway siding maintenance
RITES Ltd., a leading transport infrastructure consultancy and engineering company in India, has entered into a Memorandum of Understanding (MoU) with Neyveli Uttar Pradesh Power Limited (NUPPL) for t...