2025-03-11 23:38:50
Latest Post
Crizac Limited gets Sebi Nod for Rs 1,000 cr IPO
REC Limited inaugurates REC Experience Center
Hexaware Inaugurates Global Business Headquarters in Jersey City
HCLTech among Ethisphere's 2025 World's Most Ethical Companies®
Ind-Swift Laboratories Ltd receives 'Best Employer Brand - Punjab 2025' by World HRD Congress
Stock Report
Shri Rahul Mithal appoints as Chairman and MD of RITES Limited
Posted On : 2021-10-07 13:28:36( TIMEZONE : IST )
Ministry of Railways has appointed Shri Rahul Mithal (DIN-07610499) as Chairman & Managing Director from October 7, 2021 for a period of five years till the date of his superannuation or until further orders, whichever is earlier.
Shri Rahul Mithal is from the Indian Railways Service of Mechanical Engineers (SCRA 1985 Batch). He holds the additional qualification of MBA (Finance) from Jamnalal Bajaj Institute of Management Studies, Mumbai an is a Fellow of the Institution of Mechanical Engineers (UK) and a Chartered Engineer, registered with the Engineering Council (UK). He was the Functional Director on the Board of Container Corporation of India Limited for the last 4 years as an incharge of the Projects & Services wing, comprising of the Civil, Electrical, Mechanical & IT departments, responsible for the design, planning & execution of all the Projects.
He has had a long stint of more than 20 years in various key positions in Indian Railways. He has a wide exposure of various aspects of Design and Maintenance of Rolling Stock and Handling Equipment and has held various key assignments of Operations and Maintenance in the Railways. He was associated with a number of large-scale modernization projects which involved an in-depth analysis of the existing infrastructure, assessing the requirements and executing the work while not affecting the current operations.
In the past more than 10 years in Container Corporation of India Limited, he has played a key role in the design of mega MMLPs and ensuring the timely construction of more than 20 MMLP/Warehousing projects. Many of the above projects involved the extensive use of IT and he has been associated with a number of digitization initiatives for Container Corporation of India Limited.
Shares of RITES Limited was last trading in BSE at Rs. 287.65 as compared to the previous close of Rs. 291.70. The total number of shares traded during the day was 120213 in over 6629 trades.
The stock hit an intraday high of Rs. 298.90 and intraday low of 285.50. The net turnover during the day was Rs. 35229053.00.
