RITES trades in green on the bourses
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
RITES is currently trading at Rs. 232.35, up by 0.55 points or 0.24% from its previous closing of Rs. 231.80 on the BSE.
The scrip opened at Rs. 231.55 and has touched a high and low of Rs. 232.50 and Rs. 230.50 respectively. So far 644 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 318.00 on 25-Oct-2021 and a 52 week low of Rs. 226.05 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 240.05 and Rs. 226.05 respectively. The current market cap of the company is Rs. 5585.82 crore.
The promoters holding in the company stood at 72.20%, while Institutions and Non-Institutions held 18.34% and 9.46% respectively.
RITES has inaugurated its first office in Guwahati, Assam. Located opposite the Secretariat, in the heart of the city, the new office is spread across 5,500 square feet. The office has been built in line with RITES’ vision to continuously establish its presence in proximity to its projects, and to enhance Connectivity, Accessibility, and Mobility Everywhere in the North-East.
RITES’ ongoing projects across the Seven Sisters include Institutional Buildings for NIT-Meghalaya, and IIM-Shillong as well as building works for Oil India at Duliajan, Assam. Additionally, RITES recently signed an MoU with the Government of Mizoram for infrastructure works.
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.
