Rites Analyst Rating
based on 4 analysts
50.00%
Buy
50.00%
Hold
0.00%
Sell
Based on 4 analysts offering long term price targets for Rites. An average target of ₹326.75
Source: S&P Global Market Intelligence
Rites Share analysis
Rites price forecast by 4 analysts
Upside of18.97%
High
₹347
Target
₹326.75
Low
₹309
Rites target price ₹326.75, a slight upside of 18.97% compared to current price of ₹266.55. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Rites revenue growth forecast
Expected growth rate Q1, FY2027:50.18%
Forecast
Actual
Including amortisation and stock based compensations
Rites EPS growth forecast
EPS estimate Q1, FY2027:48.89%
Forecast
Actual
Source: S&P Global Market Intelligence
Rites Performance
Day's Low
Day's High
₹265Day's Price Range₹276.7552 Week's Low
52 Week's High
₹252.8552-Week Price Range₹412.98
| Returns % | |
| 1 Month Return | -2.16 % |
| 3 Month Return | -8.6 % |
| 1 Year Return | -2.65 % |
| Market Stats | |
| Previous Close | ₹274.65 |
| Open | ₹276.00 |
| Volume | 11.42L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹13,199.78Cr |
Rites Key Statistics
| P/E Ratio | 33.13 |
| PEG Ratio | -19.26 |
| Market Cap | ₹13,199.78 Cr |
| P/B Ratio | 6.37 |
| EPS | 10.305 |
| Dividend Yield | 2.71 |
| Sector | Miscellaneous |
| ROE | 18.13 |
Rites Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹13,199.78 Cr | 15.11% | 0.54 | ₹495 Cr | ₹2,452 Cr | |
| HOLD | ₹26,665.20 Cr | 59.87% | 0.56 | ₹414 Cr | ₹10,432 Cr | |
| BUY | ₹27,771.47 Cr | 80.51% | 0.65 | ₹401 Cr | ₹4,896 Cr | |
| ₹89,989.47 Cr | 330.18% | 0.73 | ₹1,574 Cr | ₹21,889 Cr | ||
| BUY | ₹9,004.71 Cr | 5.12% | 0.58 | -₹211 Cr | ₹3,035 Cr |
Rites Mutual Fund Holdings
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.
Share Price: ₹266.55 per share as on 21 Jan, 2025 04:01 PM
Market Capitalisation: ₹13,199.78Cr as of today
Revenue: ₹540.86Cr as on September 2024 (Q3 24)
Net Profit: ₹82.50Cr as on September 2024 (Q3 24)
Listing date: 02 Jul, 2018
Chairperson Name: Rahul Mithal
| Organisation | Rites |
| Headquarters | Gurgaon |
| Industry | Miscellaneous |
| E-voting on shares | Click here to vote |
Key events for Rites Ltd
Government Infrastructure Focus Boosts RITES Outlook - 20 Jan, 2025
With increased government emphasis on infrastructure development, particularly in highways, railways, and urban projects, RITES is expected to benefit from significant opportunities in these sectors.Rites Ltd Plans Q3 Results and Interim Dividend - 16 Jan, 2025
Rites Ltd is set to hold a board meeting on January 28, 2025, to discuss Q3 results and an interim dividend, with a record date of December 31, 2025.REMC Joint Venture to Explore Energy Financing - 15 Jan, 2025
REMC, a joint venture between the Ministry of Railways and Rites Ltd, will explore financing options for thermal, nuclear, and renewable energy projects under a captive model.Rites Ltd Stock Declines Amid Sector Challenges - 06 Jan, 2025
On January 6, 2025, Rites Ltd. stock fell by 5.2%, underperforming the railways sector and Sensex. The stock is trading below all key moving averages, reflecting broader challenges in the railways industry. Despite the downturn, Rites maintains a high dividend yield of 3.07%.RITES Secures Major Contracts and Projects - 02 Jan, 2025
RITES has secured a $9.71 million project in Guyana, signed an MoU with IRFC for financing power projects, and won a contract from SAIL for locomotive repairs valued at ₹69.78 crore.RITES Wins $9.71 Million Order in Guyana - 01 Jan, 2025
RITES Ltd has received a $9.71 million order from the Guyana government for engineering services to upgrade the Palmyra to Moleson Creek Highway, expected to be completed in five years.RITES Shares Surge on New Year's Eve Trading - 31 Dec, 2024
On December 31, 2024, RITES shares soared 13% amid heavy trading, closing at Rs 291.75. Despite a recent profit decline, investor sentiment remains positive.Rites Initiates Voluntary Liquidation of IRSDC - 27 Dec, 2024
Rites Ltd has announced the voluntary liquidation of the Indian Railway Station Development Corporation (IRSDC), following directives from the Ministry of Railways and necessary approvals.RITES Expands Global Footprint in Infrastructure - 23 Dec, 2024
RITES, a public sector company under the Ministry of Railways, focuses on infrastructure consulting and project management. The company is engaged in railway modernization projects and aims to expand its global presence by exporting railway solutions.
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 IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 510.42 Cr → 563.23 Cr (in ₹), with an average increase of 9.4% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 14.97% to 15.63% in Dec 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 3.19% to 3.34% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Firstsource Solutions Ltd has given 73.1% return, outperforming this stock by 76.8%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 72.20% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Firstsource Solutions Ltd has given 103.2% return, outperforming this stock by 16.2%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 2.83% to 2.36% in Dec 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 126.1 Cr → 72.98 Cr (in ₹), with an average decrease of 22.5% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, RITES stock has moved down by -32.2%
Rites Financials
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 (33.13x)
January 20, 2025
Industry (50.68x)
January 20, 2025
Highest (43.71x)
July 8, 2024
Rites Earnings and Dividends
Rites Ltd Earnings Results
Rites Ltd’s net profit fell -27.85% since last year same period to ₹72.98Cr in the Q2 2024-2025. On a quarterly growth basis, Rites Ltd has generated -7.64% fall in its net profits since last 3-months.
Read More about Earnings ResultsRites Ltd Dividends November,2024
In the quarter ending September 2024, Rites Ltd has declared dividend of ₹1.75 - translating a dividend yield of 5.25%.
Read More about Dividends
Rites Technicals Summary
Bearish
Neutral
Bullish
Rites Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Rites Ltd
Rites Ltd share price today stands at ₹266.55, Open. ₹276 ; Previous Close. ₹274.65 ; High. ₹276.75 ; Low. ₹265 ; 52 Week High. ₹412.98 ; 52 Week Low: ₹252.85.
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Rites Ltd is listed on NSE
Rites Ltd is listed on BSE
- Today’s highest price of Rites Ltd is ₹276.75.
- Today’s lowest price of Rites Ltd is ₹265.
PE Ratio of Rites Ltd is 33.13
PE ratio = Rites Ltd Market price per share / Rites Ltd Earnings per share
Today’s traded volume of Rites Ltd(RITES) is 11.42L.
Today’s market capitalisation of Rites Ltd(RITES) is ₹13199.78Cr.
| Rites Ltd(RITES | Price |
|---|---|
52 Week High | ₹412.98 |
52 Week Low | ₹252.85 |
Rites Ltd(RITES) share price is ₹266.55. It is down -35.46% from its 52 Week High price of ₹412.98
Rites Ltd(RITES) share price is ₹266.55. It is up 5.42% from its 52 Week Low price of ₹252.85
| Rites Ltd(RITES | Returns |
|---|---|
1 Day Returns | -8.1% |
1 Month Returns | -2.16% |
3 Month Returns | -8.6% |
1 Year Returns | -2.65% |