Rites Ltd Share Price – NSE  / BSE

Miscellaneous, Small Cap

The LoA includes carrying out final location survey, which involves preparing the detailed project report (DPR), final alignment design, traffic survey report, rate of return (ROR) calculations, detailed estimates, and the preparation of EPC documents for the High-Speed Elevated Rail Corridor between Hyderabad-Bengaluru and Hyderabad-Chennai, using modern survey techniques such as Airborne and Terrestrial LIDAR.

The value of the order is Rs 27.96 crore, and it is scheduled to be completed within eight months.

The official announcement was made on Thursday, 06 March 2025, after market hours.

RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31st December 2024, the Government of India held a 72.20% stake in the company.

The company’s consolidated net profit declined 16.7% to Rs 100.09 crore in Q3 FY25 as compared with Rs 120.14 crore in Q3 FY24. Net sales declined 15.7% to Rs 575.76 crore during the quarter.

Powered by Capital Market - Live News

RITES has received Letter of Acceptance for “Carrying out Final Location Survey involving Preparation of DPR, Final Alignment Design, Traffic Survey Report, ROR calculations, Detailed Estimate and Preparation of EPC documents for High Speed Elevated Rail Corridor between Hyderabad- Benguluru and Hyderabad-Chennai using Modern Survey Techniques e.g. Airborne or Terrestrial LIDAR from South Central Railway and formal agreement shall be executed in due course. The value of the order is Rs 27.96 crore.

Powered by Capital Market - Live News

As per the terms of the contract, the company would prepare feasibility study report (FSR), detailed project report (DPR), undertake detail engineering (DE), and provide project management on a turnkey depositary mode on a cost-plus-fees basis.

The above services pertain to the construction and commissioning of railway siding at Machhakata coal Mine and adjacent New Patrapara South coal Mine.

RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31st December 2024, the Government of India held a 72.20% stake in the company.

The company’s consolidated net profit declined 16.7% to Rs 100.09 crore in Q3 FY25 as compared with Rs 120.14 crore in Q3 FY24. Net sales declined 15.7% to Rs 575.76 crore during the quarter.

The scrip fell 1.84% to currently trade at Rs 202.95 on the BSE.

Powered by Capital Market - Live News

RITES has received Letter of Acceptance for “Carrying out Final Location Survey involving Preparation of DPR, Final Alignment Design, Traffic Survey Report, ROR calculations, Detailed Estimate and Preparation of EPC documents for High Speed Elevated Rail Corridor between Hyderabad- Benguluru and Hyderabad-Chennai using Modern Survey Techniques e.g. Airborne or Terrestrial LIDAR from South Central Railway and formal agreement shall be executed in due course. The value of the order is Rs 27.96 crore.

Powered by Capital Market - Live News

As per the terms of the contract, the company would prepare feasibility study report (FSR), detailed project report (DPR), undertake detail engineering (DE), and provide project management on a turnkey depositary mode on a cost-plus-fees basis.

The above services pertain to the construction and commissioning of railway siding at Machhakata coal Mine and adjacent New Patrapara South coal Mine.

RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31st December 2024, the Government of India held a 72.20% stake in the company.

The company’s consolidated net profit declined 16.7% to Rs 100.09 crore in Q3 FY25 as compared with Rs 120.14 crore in Q3 FY24. Net sales declined 15.7% to Rs 575.76 crore during the quarter.

The scrip fell 1.84% to currently trade at Rs 202.95 on the BSE.

Powered by Capital Market - Live News

Neyveli Uttar Pradesh Power (NUPPL) a joint venture of Neyveli Lignite Corporation India (Govt. of India Enterprise) and Uttar Pradesh Rajya Vidyut Utpadan Nigam (Government of Uttar Pradesh Enterprise).

The contract is for undertaking comprehensive operation & maintenance of NUPPL/GTPP railway siding. The tenor of the project is five years.

RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31st December 2024, the Government of India held a 72.20% stake in the company.

The company’s consolidated net profit declined 16.7% to Rs 100.09 crore in Q3 FY25 as compared with Rs 120.14 crore in Q3 FY24. Net sales declined 15.7% to Rs 575.76 crore during the quarter.

The scrip slipped 2.15% to currently trade at Rs 209.20 on the BSE.

Powered by Capital Market - Live News

The LoA includes carrying out final location survey, which involves preparing the detailed project report (DPR), final alignment design, traffic survey report, rate of return (ROR) calculations, detailed estimates, and the preparation of EPC documents for the High-Speed Elevated Rail Corridor between Hyderabad-Bengaluru and Hyderabad-Chennai, using modern survey techniques such as Airborne and Terrestrial LIDAR.

The value of the order is Rs 27.96 crore, and it is scheduled to be completed within eight months.

The official announcement was made on Thursday, 06 March 2025, after market hours.

RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31st December 2024, the Government of India held a 72.20% stake in the company.

The company’s consolidated net profit declined 16.7% to Rs 100.09 crore in Q3 FY25 as compared with Rs 120.14 crore in Q3 FY24. Net sales declined 15.7% to Rs 575.76 crore during the quarter.

Powered by Capital Market - Live News

RITES has received Letter of Acceptance for “Carrying out Final Location Survey involving Preparation of DPR, Final Alignment Design, Traffic Survey Report, ROR calculations, Detailed Estimate and Preparation of EPC documents for High Speed Elevated Rail Corridor between Hyderabad- Benguluru and Hyderabad-Chennai using Modern Survey Techniques e.g. Airborne or Terrestrial LIDAR from South Central Railway and formal agreement shall be executed in due course. The value of the order is Rs 27.96 crore.

Powered by Capital Market - Live News

As per the terms of the contract, the company would prepare feasibility study report (FSR), detailed project report (DPR), undertake detail engineering (DE), and provide project management on a turnkey depositary mode on a cost-plus-fees basis.

The above services pertain to the construction and commissioning of railway siding at Machhakata coal Mine and adjacent New Patrapara South coal Mine.

RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31st December 2024, the Government of India held a 72.20% stake in the company.

The company’s consolidated net profit declined 16.7% to Rs 100.09 crore in Q3 FY25 as compared with Rs 120.14 crore in Q3 FY24. Net sales declined 15.7% to Rs 575.76 crore during the quarter.

The scrip fell 1.84% to currently trade at Rs 202.95 on the BSE.

Powered by Capital Market - Live News

RITES has received Letter of Acceptance for “Carrying out Final Location Survey involving Preparation of DPR, Final Alignment Design, Traffic Survey Report, ROR calculations, Detailed Estimate and Preparation of EPC documents for High Speed Elevated Rail Corridor between Hyderabad- Benguluru and Hyderabad-Chennai using Modern Survey Techniques e.g. Airborne or Terrestrial LIDAR from South Central Railway and formal agreement shall be executed in due course. The value of the order is Rs 27.96 crore.

Powered by Capital Market - Live News

As per the terms of the contract, the company would prepare feasibility study report (FSR), detailed project report (DPR), undertake detail engineering (DE), and provide project management on a turnkey depositary mode on a cost-plus-fees basis.

The above services pertain to the construction and commissioning of railway siding at Machhakata coal Mine and adjacent New Patrapara South coal Mine.

RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31st December 2024, the Government of India held a 72.20% stake in the company.

The company’s consolidated net profit declined 16.7% to Rs 100.09 crore in Q3 FY25 as compared with Rs 120.14 crore in Q3 FY24. Net sales declined 15.7% to Rs 575.76 crore during the quarter.

The scrip fell 1.84% to currently trade at Rs 202.95 on the BSE.

Powered by Capital Market - Live News

Neyveli Uttar Pradesh Power (NUPPL) a joint venture of Neyveli Lignite Corporation India (Govt. of India Enterprise) and Uttar Pradesh Rajya Vidyut Utpadan Nigam (Government of Uttar Pradesh Enterprise).

The contract is for undertaking comprehensive operation & maintenance of NUPPL/GTPP railway siding. The tenor of the project is five years.

RITES, a Miniratna (Category-I) Schedule 'A' public sector enterprise, is a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. As of 31st December 2024, the Government of India held a 72.20% stake in the company.

The company’s consolidated net profit declined 16.7% to Rs 100.09 crore in Q3 FY25 as compared with Rs 120.14 crore in Q3 FY24. Net sales declined 15.7% to Rs 575.76 crore during the quarter.

The scrip slipped 2.15% to currently trade at Rs 209.20 on the BSE.

Powered by Capital Market - Live News