Rites Ltd News

Rail Vikas, Titagarh: Bullish trend in railway-related stocks may continue

Rail Vikas Nigam, Titagarh Wagons and Texmaco Rail & Engineering may soar up to 18 per cent in coming sessions

Trading strategies in IRCTC, other rail-related stocks amid stake sale buzz

IRCTC has consistently faced resistance around the Rs 800-mark; break below Rs 660 can further weaken the stock, chart indicates.

Rail stocks may chug along till budget; book profit selectively: Analysts

Railway stocks: In the upcoming budget, the railways has reportedly sought gross budgetary support (GBS) of Rs 1.5-1.8 trillion over the Rs 1.37 trillion figure earmarked during Budget 2022-23

RVNL, Rites, IRCTC: Rail-related stocks on fast track, can rally up to 16%

So far in 2022, Titagarh Wagons and Rail Vikas Nigam have zoomed 87 per cent and 80 per cent, respectively. Texmaco Rail and Rites too logged smart gains. IRCTC is the sole underperformer.

Rail Vikas Nigam, RITES touch all-time highs; zoom up to 62% in 3 months

Shares of RITES were up 6 per cent at Rs 433.20 in intra-day trade, surging 15 per cent in the past two days, while RVNL surged 9 per cent to surpass its previous high of Rs 44.75

Nifty500: 248 stocks have more upside; Sun Pharma, RITES 'overbought'

Sun Pharmaceutical Industries is the only other stock among the Sensex 30 and Nifty 50 that trades in the overbought category, technically.

RITES surges 9% on order worth Rs 499 crore from Bangalore Metro Rail

The company has secured a new business order for construction of depot-cum-workshop. RITES will have 51% share in the order