Rites Ltd Share Price
(RITES)
₹210.46▲2.98%
as on 02:25PM, 18 Mar 2025
🔔 Contract Alert
RITES awarded additional work order from Ntokoto Rail Holdings, increasing contract value to $10.80 million for overhauled ALCO Diesel Electric Locomotives.
Rites Performance
Day's Low
Day's High
₹207.04Day's Price Range₹212.452 Week's Low
52 Week's High
₹192.452-Week Price Range₹398.45
| Returns % | |
| 1 Month Return | -0.02 % |
| 3 Month Return | -31.27 % |
| 1 Year Return | -35.34 % |
| Market Stats | |
| Previous Close | ₹204.36 |
| Open | ₹210.60 |
| Volume | 10.13L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹9,821.62Cr |
Rites Fundamentals
P/E Ratio
25.97
PEG Ratio
-15.05
Market Cap
₹9,821.62 Cr
P/B Ratio
6.37
EPS
10.305
Dividend Yield
0Sector
Miscellaneous
ROE
18.13
Mutual Fund Holdings of Rites
Rites Analyst Rating
based on 4 analysts
25.00%
Buy
50.00%
Hold
25.00%
Sell
Based on 4 analysts offering long term price targets for Rites. An average target of ₹266
Source: S&P Global Market Intelligence
Rites Share analysis
Rites price forecast by 4 analysts
Upside of30.16%
High
₹301
Target
₹266.00
Low
₹237
Rites target price ₹266, a slight upside of 30.16% compared to current price of ₹210.46. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Rites revenue growth forecast
Expected growth rate Q1, FY2027:38.74%
Forecast
Actual
Including amortisation and stock based compensations
Rites EPS growth forecast
EPS estimate Q1, FY2027:44.88%
Forecast
Actual
Source: S&P Global Market Intelligence
What's happening today
Today's Timeline - Invalid Date
02:26 AM
-Ntokoto Rail Holdings awards RITES an additional work order, increasing contract value to $10.8 million from $5.4 million.
Key events for Rites Ltd
RITES Secures Increased Contract from Ntokoto Rail Holdings - 18 Mar, 2025
RITES received an addendum to its contract with Ntokoto Rail Holdings, raising the order value to $10.8 million for overhauled locomotives. The stock rose nearly 4% following this announcement.RITES Secures ₹28 Crore Order for Rail Survey - 06 Mar, 2025
RITES Ltd has received a Letter of Acceptance from South Central Railway for a ₹27.96 crore contract to conduct a final location survey for high-speed rail corridors between Hyderabad-Bengaluru and Hyderabad-Chennai, utilizing advanced survey techniques. The project is expected to be completed within eight months.RITES Secures Contract for Highway Upgrade in Guyana - 04 Mar, 2025
RITES has signed a contract with the Ministry of Public Works in Guyana for engineering services on the Palmyra to Moleson Creek Highway upgrade, enhancing its global presence and strengthening India-Guyana ties.RITES Hosts MAITRI Workshop Amid Stock Decline - 28 Feb, 2025
RITES hosted a workshop on MAITRI, focusing on enhancing logistics efficiency. However, the stock has seen a significant decline of 30.77% YTD.RITES Secures Major Orders Amid Stock Decline - 23 Feb, 2025
RITES Limited's stock trades at a 47% discount, down 1.4% to Rs. 218.25. Despite negative returns, the company secured over ₹1,700 crore in orders, reaching a record order book of ₹7,978 crores. Revenue and net profit declined YoY, but the company remains active in securing contracts.RITES Stock Surges on Infrastructure Developments and Collaborations - 20 Feb, 2025
RITES Ltd. is actively enhancing its infrastructure capabilities, signing a MoU with CWPRS and planning permanent holding areas at major stations, leading to significant stock gains.RITES Secures Major Railway Project Order - 17 Feb, 2025
RITES Limited has secured two significant orders totaling Rs 586.68 crore, including a Rs 466.55 crore contract from NLC India for railway siding development. The project is set to enhance RITES' project portfolio and is expected to be completed within 36 months.
Insights on Rites Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 14.97% to 15.63% in Dec 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 510.42 Cr → 619.45 Cr (in ₹), with an average increase of 9.2% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 3.19% to 3.34% in Dec 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 72.98 Cr → 100.09 Cr (in ₹), with an average increase of 27.1% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Firstsource Solutions Ltd has given 126.1% return, outperforming this stock by 71.0%
- NO EFFECT
Against Peers
In the last 1 year, One 97 Communications Ltd has given 77.0% return, outperforming this stock by 112.3%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 72.20% of holdings in Dec 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 1 year, RITES stock has moved down by -35.3%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 2.83% to 2.36% in Dec 2024 quarter
Rites Financials
Rites Index Inclusions
Rites Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 72.2% | 0.00 | |
| Foreign Institutions | 3.34% | 4.68 | |
| Mutual Funds | 2.36% | ||
| Retail Investors | 15.63% | 4.41 | |
| Others | 6.47% |
Rites Key Indicators
Rites Valuation
Rites in the last 5 years
Lowest (9.02x)
March 23, 2020
Today (25.97x)
March 17, 2025
Industry (47.65x)
March 17, 2025
Highest (43.71x)
July 8, 2024
Rites Earnings and Dividends
Rites Ltd Earnings Results
Rites Ltd’s net profit fell -16.69% since last year same period to ₹100.09Cr in the Q3 2024-2025. On a quarterly growth basis, Rites Ltd has generated 37.15% jump in its net profits since last 3-months.
Read More about Earnings ResultsRites Ltd Dividends January,2025
In the quarter ending December 2024, Rites Ltd has declared dividend of ₹1.90 - translating a dividend yield of 7.78%.
Read More about Dividends
Rites Technicals Summary
Bearish
Neutral
Bullish
Rites Ltd is currently in a Bearish trading position according to technical analysis indicators.
Rites Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹9,821.62 Cr | 13.67% | 0.54 | ₹495 Cr | ₹2,452 Cr | |
| HOLD | ₹21,038.40 Cr | 117.06% | 0.56 | ₹414 Cr | ₹10,432 Cr | |
| BUY | ₹22,889.35 Cr | 91.44% | 0.65 | ₹401 Cr | ₹4,896 Cr | |
| ₹68,482.49 Cr | 436.18% | 0.73 | ₹1,574 Cr | ₹21,889 Cr | ||
| BUY | ₹5,124.03 Cr | 20.08% | 0.58 | -₹211 Cr | ₹3,035 Cr |
About Rites
The company offers a wide range of services and products in the areas of transport infrastructure, rolling stock, consultancy, project management and engineering services. Rites Ltd is a major manufacturer of locomotives and rolling stock for Indian Railways, as well as for international customers. It also manufactures and supplies a wide range of components for the railway industry.
Rites Ltd's top products include diesel and electric locomotives, coaches, wagons, bogies, freight cars, and other railway components. The company also offers its services in the areas of feasibility studies, project management, engineering, and consultancy.
Revenue: ₹575.76Cr as on December 2024 (Q4 24)
Net Profit: ₹109.39Cr as on December 2024 (Q4 24)
Listing date: 02 Jul, 2018
Chairperson Name: Rahul Mithal
| Organisation | Rites |
| Headquarters | Gurgaon |
| Industry | Miscellaneous |
| E-voting on shares | Click here to vote |
FAQs on Rites Ltd
What is Rites Ltd price today?
Rites Ltd share price today stands at ₹210.46, Open: ₹210.6, Previous Close: ₹204.36, High: ₹212.4, Low: ₹207.04, 52 Week High: ₹398.45, 52 Week Low: ₹192.4.
How to Buy Rites Ltd Share in India?
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What are today's traded volumes of Rites Ltd?
Today's traded volume of Rites Ltd(RITES) is 10.13L.
What is today's market capitalisation of Rites Ltd?
Today's market capitalisation of Rites Ltd(RITES) is ₹9821.62Cr.
What is the 52 Week High and Low Range of Rites Ltd?
How much percentage Rites Ltd is down from its 52 Week High?
Rites Ltd (RITES) share price is ₹210.46. It is down -47.18% from its 52 Week High price of ₹398.45
How much percentage Rites Ltd is up from its 52 Week low?
Rites Ltd (RITES) share price is ₹210.46. It is up 9.39% from its 52 Week Low price of ₹192.4