RITES signs MoU with CSIR-CRRI

RITES Limited, a leading Transport Infrastructure Consultancy and Engineering company, has entered into a Memorandum of Understanding (MoU) with CSIR-Central Road Research Institute (CRRI) to explore opportunities for cooperation in the infrastructure sector.

Under this agreement, RITES and CSIR-CRRI will collaborate for technical services, including consultancy assignments, knowledge sharing, and research & development etc. The partnership foresees the development of innovative and sustainable solutions that will drive the sector forward and can deliver significant value to associated stakeholders.

Shares of RITES Limited was last trading in BSE at Rs. 267.70 as compared to the previous close of Rs. 275.00. The total number of shares traded during the day was 12988 in over 1070 trades.

The stock hit an intraday high of Rs. 276.20 and intraday low of 267.05. The net turnover during the day was Rs. 3513807.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 MoU CSIR CentralRoadResearchInstitute InfrastructureSector Cooperation