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RAHUL MITHAL RITES
India to resume train coach exports to Bangladesh, first shipment since Sheikh Hasina's ouster likely in JulyIndia is set to export a train rake of up to 20 coaches to Bangladesh next month, marking a significant resumption of trade. This shipment,...- RITES shares in focus after Q4 net profit declines; revenue jumps 27% YoYRITES reported a consolidated net profit of Rs 139 crore for Q4 FY26, down 1.4% year-on-year. Revenue rose about 27% to Rs 768 crore. The c...
- RITES Q4 Results: Cons PAT slips 1.4% YoY to Rs 131 crore, revenue up 27%RITES announced its financial results for the March quarter. The company reported a net profit of Rs 139 crore. Revenue from operations saw...
- Rites seeks new financing to expand Africa's access to Indian locomotivesThe Railway navratna has recently started exploring overseas markets for India's existing diesel locomotives after modifying them.
- RITES inks pact with Etihad Rail to boost biz collaboration in infra, mobilityRITES Ltd, an Indian transport infrastructure firm, signed a Memorandum of Understanding with UAE-based Etihad Rail and its subsidiary, Nat...
- Focus on exports, diversification of Quality Assurance business to drive revenue growth: RITES CMDRITES Ltd faced a slight dip in operating revenue in the March quarter but saw net profit rise. The company's export business was impacted ...
- RITES shares rally 8% on signing MoU with Etihad Rail for UAE projectRITES Share Price: Shares of RITES surged 8% after the company signed an MoU with Etihad Rail to explore railway infrastructure development...
- Our focus is on being a future ready company, says RITES CMDRITES Ltd, under the Railway Ministry, is focusing on being future-ready with IT and AI initiatives. At its 50th AGM, shareholders approved...
- Ircon International, RITES shares climb over 7% after getting Navratna statusIRCON International and RITES informed in the exchange filing on Thursday, October 12, that they have been granted the 'Navratna' status by...
- Govt grants 'Navratna' status to RITES Ltd"Entering its 50th year of incorporation, RITES Ltd is a leading transport infrastructure consultancy and engineering firm in India. It pro...
- External Affairs Minister S Jaishankar takes ride in 'Made in India' train in Mozambique"A great green transport conversation with Mozambican Minister of Transport &Communication and Chairman, Mozambican Port & Rail Authority M...
- RITES maintaining a steady core EBITDA margin of about 25-26%: Chairman“We have been maintaining a steady core EBITDA margin of about 25-26%. If you see in the nine-month to nine-month, our PAT margins are 21%,...
- Buy Rites, target price Rs 405: Axis SecuritiesThe stock is currently trading at 13x & 12x FY23E/FY24E earnings.
- Our focus is on growth of core EBITDA on a steady basis: Rahul MithalOur order book as it stands on 30th September was Rs 5000 crores. Out of that consultancy component was Rs 2400 crores and turnkey was Rs 2...
- Buy Rites, target price Rs 405: Axis SecuritiesRites, incorporated in the year 1974, is a Mid Cap company (having a market cap of Rs 9193.95 Crore) operating in Services sector.
- RITES Sept quarter PAT drops 20% to Rs 140 cr"The results reiterate our core strength and the USP (unique selling point) of having a diversified business portfolio," Chairman and Manag...
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