RITES Ltd updates on orders received from Railways

The Ministry of Railways vide letter no. 2021/PL/57/12 dated 30th November, 2021 has intimated that in continuation to the Railway Board's Letter dtd. 26.10.21 regarding execution of work by Railway CPSEs, the following works will not be executed by RITES:

- New Line between Belgam - Dharwad and via kittur
- New Line between Shimoga-Shikaripura-Ranebennur
- Tumkur-Devangere via Chitradurga New Line Project

Shares of RITES Limited was last trading in BSE at Rs. 276.80 as compared to the previous close of Rs. 277.85. The total number of shares traded during the day was 7937 in over 480 trades.

The stock hit an intraday high of Rs. 279.15 and intraday low of 274.70. The net turnover during the day was Rs. 2201745.00.

Source : Equity Bulls

Keywords

RITESLimited INE320J01015 OrderCancellation