Page 2 - Rites Ltd

Centre mops up nearly Rs 400 crore through Rites offer for sale

The base price for the OFS was set at Rs 298 per share

Market Wrap, Feb 27: Sensex slips 143 pts, Nifty ends at 11,633

Among sectoral indices, barring Pharma and FMCG, all the other indices ended in the red with media and PSU Bank stocks taking the biggest knock

RITES slips 3% as govt's stake sale via offer for sale opens today

With this, the government's stake in RITES may fall to 72.4 per cent from 87.4 per cent currently.

RITES profit doubles to Rs 237 crore in Sep quarter on export growth

RITES is a leading player in transport consultancy and engineering sector in India

Rites Ltd posts 18.5% jump in net profit for Q1 FY2018-19 to Rs 820.5 mn

The company's revenue for the period under review remained almost flat at Rs 3.7 billion, despite a decrease of Rs 700 million in export revenue