Rites Ltd Share Price – NSE  / BSE

Miscellaneous, Small Cap

Rites has received affirmation in credit ratings from lnfomerics Valuation and Rating at IVR AAA; Stable /IVR A1+ for bank facilities of Rs 3,555 crore.

RITES and Neyveli Uttar Pradesh Power (NUPPL) has executed amendment to the Memorandum of Understanding (MoU) for inclusion of hiring of locomotives on a wet-lease basis for in plant movement and shunting of rakes at NUPPL-GTPP Railway Siding in the existing work. With this, the contract value has been enhanced from Rs 120.13 crore to Rs 148.93 crore.

The board of Rites at its meeting held on 25 June 2026 has accorded its approval for formation and investment of capital in proposed Joint Venture Company between RITES and NICC Infrastructure Construction LLC in the form of a Limited Liability Company (LLC) in United Arab Emirates (UAE).

RITES signed a Memorandum of Understanding (MoU) with Crisil. The partnership aims at combining RITES' extensive capabilities in transport infrastructure and engineering consultancy with Crisil's strengths in data intelligence, analytics, research, and market insights to deliver integrated, data-driven infrastructure solutions.

Under the MoU, the organisations will jointly explore consultancy assignments and infrastructure opportunities across a wide range of sectors, including railways, metro rail, highways, expressways, airports, ports, ropeways, bridges, tunnels, urban transport, energy, water resources, hydropower, wastewater management, and industrial infrastructure, in India and abroad. The collaboration will focus on strengthening analytical and advisory support for infrastructure projects through market intelligence, data validation, financial due diligence, valuation support, and development of analytical models for consultancy assignments undertaken by RITES.