Company: Rites Ltd

May 13, 2019, 3:05 p.m.

Nov. 13, 2018, 9:54 a.m.

Rajeev Mehrotra of Rites talks about the company's' listing
July 1, 2018, midnight

Our Bureau The initial public offering of RITES got subscribed over two times on Day 2 of the issue.
June 21, 2018, 4:21 p.m.

RITES provides consultancy & engineering services to Indian Railways. Apart from catering to the railways, the company also provides multi sectoral consultancy services to other transport modes like roads & highways, posts & inland waterways, airport and urban transport like metros which de-risks in the event of slowdown in any one sector .
June 21, 2018, 1:14 p.m.

The co is bringing the issue at p/e multiple of approx. 11 on annualized 9MFY18 eps at price band of Rs 180-185/share. Co being the preferred consultancy organization agency of the Government of India including the Indian Railways has healthy order book with strong and diversified clientele base across sectors. Looking after valuations we find issue to be reasonably priced.
June 20, 2018, 12:40 p.m.
Author : Hem Securities | Publisher:

Indian Railways has one of the world’s largest rail networks and GoI’s new thrust towards ‘Make in India’ and focus on making India self-reliant will witness a host of opportunities for the company.
June 20, 2018, 9:48 a.m.
Author : AUM CAPITAL | Publisher:

RITES is a multi-disciplinary engineering and consultancy organization providing diversified and comprehensive array of services, from concept to commissioning in all facets of transport infrastructure and related technologies.
June 19, 2018, 12:41 p.m.

The price band of the offer has been set at Rs 180-185 per share with face value of Rs 10.
June 17, 2018, 8:37 a.m.

RITES Ltd, a Government of India Enterprise was established in 1974, under the aegis of Indian Railways. RITES Ltd is incorporated in India as a Public Limited Company under the Companies Act, 1956 and is governed by a Board of Directors, which includes persons of eminence from various sectors of engineering and management.
June 15, 2018, 10:08 p.m.

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