COMPANY NEWS


Rites Ltd
BSE Code 541556 ISIN Demat INE320J01015 Book Value (₹) 103.37 NSE Symbol RITES Div & Yield % 3.05 Market Cap ( Cr.) 16,147.09 P/E * 34.41 EPS * 19.53 Face Value (₹) 10
* Profit to Earning Ratio
* Earning Per Share
Rites declared top bidder for a Rs 414 cr project of IIT- Bhubaneswar Back
(20 Jan 2024)
Rites as been declared top scorer (H-1) bidder and eligible for award of work as Project Management Consultancy (PMC) for the construction of various infrastructure works at IIT- Bhubaneswar to be undertaken under EPC mode III. The MoU with IIT-Bhubaneswar will be executed with mutually agreed terms & conditions. The cost of the project is estimated to be Rs 414 crore.