Rites Share Price
(RITES)
₹220.7▲3.49%
as on 03:11PM, 20 Feb 2025
🔔 Collaboration Alert
Rites Ltd signs MoU with CWPRS to enhance engineering consultancy in marine and water infrastructure, aiming for improved project efficiency and sustainability.
Rites Performance
Day's Low
Day's High
₹212.5Day's Price Range₹22852 Week's Low
52 Week's High
₹200.552-Week Price Range₹412.98
| Returns % | |
| 1 Month Return | -22.36 % |
| 3 Month Return | -22.07 % |
| 1 Year Return | -42.84 % |
| Market Stats | |
| Previous Close | ₹213.25 |
| Open | ₹221.35 |
| Volume | 14.70L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹10,248.88Cr |
Rites Key Statistics
P/E Ratio
27.1
PEG Ratio
-15.71
Market Cap
₹10,248.88 Cr
P/B Ratio
6.37
EPS
10.305
Dividend Yield
0Sector
Miscellaneous
ROE
18.13
Rites Mutual Fund Holdings
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 of24.74%
High
₹301
Target
₹266.00
Low
₹237
Rites target price ₹266, a slight upside of 24.74% compared to current price of ₹220.7. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Rites revenue growth forecast
Expected growth rate Q1, FY2027:38.18%
Forecast
Actual
Including amortisation and stock based compensations
Rites EPS growth forecast
EPS estimate Q1, FY2027:41.50%
Forecast
Actual
Source: S&P Global Market Intelligence
What's happening today
Today's Timeline - Invalid Date
10:42 AM
-Rites Ltd signs MoU with CWPRS for engineering consultancy and research in water resources and infrastructure.
11:51 AM
-Rites shares surge over 3% after announcing collaboration with CWPRS to enhance engineering consultancy.
12:19 PM
-Rites Ltd stock rises 5.14%, outperforming its sector, with a strong dividend yield of 4.03%.
Key events for Rites Ltd
Rites Ltd Stock Surges on Strategic Collaborations - 20 Feb, 2025
Rites Ltd has experienced significant stock gains following the signing of a MoU with CWPRS for engineering consultancy. The stock rose over 5% today, reflecting strong market performance despite recent challenges. Rites also boasts a solid dividend yield, appealing to income-oriented investors.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.RITES Ltd Signs MoU for Railway Project - 14 Feb, 2025
RITES Ltd has signed a Memorandum of Understanding with Neyveli Uttar Pradesh Power Limited for a railway siding project worth Rs 120.13 crore, lasting five years. However, the company reported a decline in net profit and revenue for Q3 FY25, raising concerns about its financial performance.RITES Collaborates with C-DAC for IT Solutions - 13 Feb, 2025
RITES has signed a Memorandum of Understanding with C-DAC to explore IT solutions for consultancy assignments, including e-Governance and AI. The collaboration aims to develop the MAITRI platform for digital trade information.RITES Shares Hit 52-Week Low Amid Budget Concerns - 03 Feb, 2025
On February 3, 2025, RITES Ltd shares fell to a 52-week low of ₹232.3, down 21% in a month, following unchanged railway budget allocations. Despite this, RITES received the ICAI Gold Award for excellence in financial reporting, highlighting its commitment to transparency and integrity.RITES Stock Rises Ahead of Budget Announcement - 01 Feb, 2025
RITES Ltd is poised to benefit from an expected increase in railway capital expenditure, with shares rising to Rs 270.25 amid positive market sentiment.RITES Set to Gain from Railway Modernization - 31 Jan, 2025
RITES is poised for growth due to higher capital outlay in railways and urban infrastructure, driven by government initiatives under the National Infrastructure Pipeline.RITES Targets Growth with Export Orders and Dividends - 30 Jan, 2025
RITES Ltd announces a second interim dividend and anticipates 20% revenue growth in FY26 from high-value export orders. The company is also developing a digital interface for cargo movement and has seen a recent uptick in share prices amid expected railway capex.RITES Reports Decline in Profit and Revenue - 28 Jan, 2025
RITES' Q3 FY25 results show a 15% decline in net profit to Rs 109 crore and a 16.6% revenue dip. The company maintains a strong order book of Rs 978 crore and declares an interim dividend.Rites Ltd Reports Mixed Financial Performance - 26 Jan, 2025
Rites Ltd's stock rose by 1.2% to Rs. 267.85. However, Q2 FY25 showed a 7% YoY decline in revenue and a 25.5% drop in net profit. FIIs increased their stake slightly to 3.34%.
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 IMPACTFII Holding Up
Foreign Institutions have increased holdings from 3.19% to 3.34% 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
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
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 14.97% to 15.63% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Firstsource Solutions Ltd has given 185.7% return, outperforming this stock by 115.0%
- NO EFFECT
Against Peers
In the last 1 year, One 97 Communications Ltd has given 97.9% return, outperforming this stock by 140.8%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 72.20% of holdings in Dec 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 2.83% to 2.36% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, RITES stock has moved down by -35.6%
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 (27.10x)
February 19, 2025
Industry (52.64x)
February 19, 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 7.46%.
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 | ₹10,248.88 Cr | 6.75% | 0.54 | ₹495 Cr | ₹2,452 Cr | |
| HOLD | ₹21,791.70 Cr | 64.51% | 0.56 | ₹414 Cr | ₹10,432 Cr | |
| BUY | ₹25,020.29 Cr | 65.02% | 0.65 | ₹401 Cr | ₹4,896 Cr | |
| ₹78,573.98 Cr | 299.36% | 0.73 | ₹1,574 Cr | ₹21,889 Cr | ||
| BUY | ₹6,245.97 Cr | 3.57% | 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.
Share Price: ₹220.70 per share as on 20 Feb, 2025 03:11 PM
Market Capitalisation: ₹10,248.88Cr as of today
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 ₹220.7, Open: ₹221.35, Previous Close: ₹213.25, High: ₹228, Low: ₹212.5, 52 Week High: ₹412.98, 52 Week Low: ₹200.5.
How to Buy Rites Ltd Share in India?
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Is Rites Ltd listed on NSE?
Rites Ltd is listed on NSE
Is Rites Ltd listed on BSE?
Rites Ltd is listed on BSE
What are today's High and Low prices of Rites Ltd?
- Today's highest price of Rites Ltd is ₹228.
- Today's lowest price of Rites Ltd is ₹212.5.
What are today's traded volumes of Rites Ltd?
Today's traded volume of Rites Ltd(RITES) is 14.70L.
What is today's market capitalisation of Rites Ltd?
Today's market capitalisation of Rites Ltd(RITES) is ₹10248.88Cr.
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 ₹220.7. It is down -46.56% from its 52 Week High price of ₹412.98
How much percentage Rites Ltd is up from its 52 Week low?
Rites Ltd (RITES) share price is ₹220.7. It is up 10.07% from its 52 Week Low price of ₹200.5
What are the historical returns of Rites Ltd?
What is the PE ratio of Rites Ltd today?
PE Ratio of Rites Ltd is 27.1
PE ratio = Rites Ltd Market price per share / Rites Ltd Earnings per share