Page 2 - Rites

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

RITES shares tumble 6% as OFS opens for non-retail investors

The company said the offer was being undertaken for achieving the minimum public shareholding of the Company as per the Sebi norms

Market Ahead, February 6: All you need to know before the Opening Bell

A total of 135 companies are scheduled to announce their December quarter earnings today including Eicher Motors, Hero MotoCorp, Sun Pharma, and RITES

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 surges 19% in 1 week on Rs 160 crore order win from Sri Lanka

The company has signed contract with Sri Lanka government for supply of two additional fully air-conditioned Diesel Multiple Unit (DMU) train sets.

Centre sets up three-member panel to resolve dispute between SAIL, Railways

During the last financial year, SAIL supplied around 985,000 tonnes of rail worth Rs 5,900 crore

At Rs 562 crore, RITES registers 42.6% rise in revenue in Q3 FY19

RITES is an engineering consultancy company under the aegis of the Indian Railways

RITES hits new high; zooms 70% against issue price

In past one month, shares of RITES have rallied 61% against 4% rise in the S&P BSE Sensex.

RITES records highest-ever revenue at Rs 16.6 bn, net increases 7.8%

The increase in profit was achieved even after absorbing the full-year pay revision impact and as against a higher base in FY17 due to the sale of non-current investment

RITES hits new high on export order win worth Rs 5,670 million

Shares of RITES hit a new high of Rs 284, up 7% on the BSE, extending its Friday's 19% surge, after the company said it secured the export order of $82.63 million (approx Rs 5,670 million).

RITES hits highest level since listing; stock zooms 20%

The stock rallied 20% to Rs 267, surging 38% in past one week from Rs 194 on the BSE.

RITES closes at Rs 211 levels on the NSE after listing at Rs 190

It had hit a high and low of Rs 205.75 and Rs 190 respectively, till now

Investors will know we are here for 44 yrs, like an Indian MNC: RITES CMD

IPOs increase the visibility of the company, investors were otherwise not looking at infrastructure companies like us, says Rajeev Mehrotra, RITES Chairman and Managing Director

Govt to divest 12.72% in RITES next month; plans to mop up Rs 4-4.5 billion

Govt will announce price band in a week

RITES stake sale on course; price band likely to be decided today

The government plans to divest at least 12.72% in RITES to raise Rs 4-4.5 billion

RITES may get into station development by acquiring 25% stake in IRSDC

RITES is strategically important to the railways because it has operations in 55 countries of the world

Rites moots rail corridor to boost coastal coal shipping

Project to cost Rs 3,298 crore