Company Profile

RITES LTD.

NSE : RITESBSE : 541556ISIN CODE : INE320J01015Industry : EngineeringHouse : PSU
BSE318.55-2.2 (-0.69 % )
PREV CLOSE (Rs.) 320.75
OPEN PRICE (Rs.) 320.75
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 35597
TODAY'S LOW / HIGH (Rs.)315.80 323.75
52 WK LOW / HIGH (Rs.)166.12 331
NSE318.85 -1.9 (-0.59 % )
PREV CLOSE(Rs.) 320.75
OPEN PRICE (Rs.) 319.90
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 318.85 (60 )
VOLUME 963953
TODAY'S LOW / HIGH(Rs.) 315.50 324.00
52 WK LOW / HIGH (Rs.)165.76 331

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.00
Dividend Yield(%) 3.20
TTM EPS (Rs.) 23.87
P/E Ratio 13.34
Book Value (Rs.) 109.98
Face Value (Rs.) 10
MCap (Rs. in Mn) 79637.50
Price/Earning (TTM) 12.55
Price/Sales (TTM) 3.11
Price/Book (MRQ) 2.90
PAT Margin (%) 22.58
ROCE (%) 29.71
Incorporation Year : 1974

Management Info :

Rajeev Mehrotra - Chairman Rajeev Mehrotra - Managing Director

Registered Office :

Address : Scope Minar ,Core – I,Laxmi Nagar,
Delhi,
Delhi-110092

Phone : 011-22024610

Email : cs@rites.com

Website : www.rites.com

Registrar's Details : Link Intime India Pvt Ltd.
Noble Heights, 1st Floor, Plot NH 2,C-1 Block LSC, Near Savitri Market,Janakpuri,New Delhi
Listing : BSE, NSE
NEWS More
17Feb02-17-2020$RITES emerges as successful bidder for supply of locomotives & coaches RITES emerges as successful

RITES has emerged as a successful bidder for supply of Locomotives, Coaches and DEMUs (Diesel electric Multiple Units) to a Cape Gauge country. The company has submitted the price bid for the contract amount of around Rs 680 crore and discussion on contract documents are expected to conclude soon. These Locomotives, Coaches and DEMUs will be manufactured at production unit of Indian Railways. The company is nominated agency of Indian Railways for such exports.

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.

RITES has emerged as a successful bidder for supply of Locomoti..
17Feb02-17-2020$Bharti Airtel, Granules India and Dr. Reddy's to see some action today Bharti Airtel, Granules Indi

Bharti Airtel and Nokia, a global telecommunications equipment and service provider, have partnered to offer private LTE based Industry 4.0 solution to enterprises. The partnership will address the emerging requirements of enterprises across banking, financial services and insurance (BFSI), information technology enabled services (ITES), media and services, manufacturing and distribution with technologies such as cloud, IoT, artificial intelligence and machine learning, and edge computing concepts.

USFDA has completed inspection at Granules India's facility in Gagillapur located in Hyderabad, Telangana, India on February 14, 2020 with two observations. The company will respond to these observations within the stipulated time.

The audit of Dr. Reddy's Laboratories’ Formulations Srikakulum Plant (SEZ) Unit I, Andhra Pradesh by the USFDA, has been completed with zero observation.

Poddar Housing and Development has launched Phase I of its project known as ‘Poddar RIVIERA’ under PMAY scheme (Pradhan Mantri Awas Yojna) at kalyan. The Phase I of the said project is having 720 units with a built-up area of approximately 0.53 million sq. ft.

In line with its vision to strengthen international connectivity, InterGlobe Aviation (Indigo) has launched its new Delhi-Dammam flight effective March 10, 2020. Dammam was IndiGo's 24th international destination and 3rd in the Kingdom of Saudi Arabia after Jeddah and Riyadh. With this new addition, the airline will now operate a total of 05 daily direct flights connecting Dammam with Mumbai, Hyderabad, Kozhikode, Trivandrum and Delhi.

RITES has emerged as a successful bidder for supply of Locomotives, Coaches and DEMUs (Diesel electric Multiple Units) to a Cape Gauge country. RITES has submitted the price bid for the contract amount of around Rs 680 crore and discussion on contract documents are expected to conclude soon.

Ashoka Buildcon has received a Letter of Award (LOA) from National Highways Authority of India (NHAI) for the Project viz. Four Laning of Tumkur-Shivamogga section from Km 119+790 (Design Km 121+900) to Km 166+100 (Design Km170+415), Banwara to Bettadahalli section of NH-206 in the State of Karnataka, on Hybrid Annuity Mode under Bharatmala Priyojana (Package - III). The accepted Bid Project Cost is Rs 1,035.50 crore.

Bharti Airtel and Nokia, a global telecommunications equipment..
17Feb02-17-2020$RITES surges on emerging as successful bidder for supply of locomotives & coaches RITES surges on emerging as

RITES is currently trading at Rs. 321.60, up by 3.40 points or 1.07% from its previous closing of Rs. 318.20 on the BSE.

The scrip opened at Rs. 322.80 and has touched a high and low of Rs. 326.65 and Rs. 320.20 respectively. So far 20400 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 331.00 on 29-Jan-2020 and a 52 week low of Rs. 160.48 on 19-Feb-2019.

Last one week high and low of the scrip stood at Rs. 328.50 and Rs. 301.00 respectively. The current market cap of the company is Rs. 7955.00 crore.

The promoters holding in the company stood at 77.39%, while Institutions and Non-Institutions held 13.55% and 9.07% respectively.

RITES has emerged as a successful bidder for supply of Locomotives, Coaches and DEMUs (Diesel electric Multiple Units) to a Cape Gauge country. The company has submitted the price bid for the contract amount of around Rs 680 crore and discussion on contract documents are expected to conclude soon. These Locomotives, Coaches and DEMUs will be manufactured at production unit of Indian Railways. The company is nominated agency of Indian Railways for such exports.

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.

RITES is currently trading at Rs. 321.60, up by 3.40 points or..
27Jan01-27-2020$RITES informs about board meeting RITES informs about board me
Pursuant to Regulation 29 read with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, RITES has informed that a Meeting of the Board of Directors of the Company is schedule to be held on Thursday, February 06, 2020 to consider and approve, Unaudited Consolidated and Standalone Financial Results for the Quarter and nine months ended on December 31, 2019 and to declare second interim dividend, if any.

The above information is a part of company’s filings submitted to BSE.

Pursuant to Regulation 29 read with Regulation 33 of the Securi..
03Jan01-03-2020$FDC, Binny and RITES to see some action today FDC, Binny and RITES to see

FDC has received GMP certificate and it continues with its approved status from UK MHRA (Medicines and Healthcare Products Regulatory Agency), for two of its Oral solid Dosage form facilities situated at Verna, Goa, based on recent Good Manufacturing Practice (GMP) inspection held at the said Plants.

Binny has received approval for sale of its Coal Yard Property to an extent of 4.648 acres (84 Grounds 895 sq. ft.) situated at Govindan Street, Perambur, Chennai - 12 to Everwin Educational and Charitable Trust (Everwin School Group), Kolathur. The Board of Directors of the Company at its meeting held on January 02, 2020 has approved the same.

RITES has secured a major work of project Management Consultancy from the Government of Bangladesh amounting to $14.01 million (Rs 99.94 crore) in relation to 4 laning of national highway in Bangladesh.

Housing Development Finance Corporation (HDFC) and its subsidiary HDFC ERGO have got approvals for acquiring a majority shareholding in Apollo Munich Health Insurance Company. HDFC and HDFC Ergo have received all requisite approvals for the acquisition from competition commission of India (CCI), Reserve Bank of India (RBI) and Insurance Regulatory and Development Authority of India (IRDAI).

Indian Hotels Company (IHCL) has added Fateh Prakash Palace in Udaipur to its collection of authentic palaces, which has now been renamed as Taj Fateh Prakash Palace. Fateh Prakash Palace was built during the reign of Maharana Fateh Singh Mewar in the 19th century as an exclusive venue for royal functions and has 65 heritage rooms and suites.

Alexander Stamps and Coin is planning for fund raising program through issuance of equity shares/warrants on preferential basis, in order to augment future growth of the business. The meeting of the Board of Directors of the company is scheduled to be held on January 10, 2020, to consider the same.

Creative Peripherals and Distribution has signed distribution agreement with Panasonic to distribute their premium range of audio products across the Western region of India, as well as Madhya Pradesh, Rajasthan and Chhattisgarh.

FDC has received GMP certificate and it continues with its appr..
Financials More
Rs. in Millions
QTR Dec 19 ANNUAL 19
Net Profit1397.44446.5
Gross Profit 1868.1 6767.2
Operating Profit 1977.57119.4
Net Sales 6025.719689.7
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
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Shareholding Pattern More
NON-INSTITUTION 9.07 %
PROMOTERS 77.39 %
FI/BANKS/INSURANCE 7.13 %
MUTUAL FUNDS/UTI 3.1 %
GOVERNMENT 0 %
FII 0 %
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