RITES Secures new order of Rs. 77 Crore

RITES along with a JV partner, RITES being lead partner has secured a Project Management Consultancy work under Assam Health System Strengthening Project. The likely cost of work for the consultancy project comes around Rs. 122 Crore. The RITES' fees in the work order is around Rs. 77 Crore.

Shares of RITES Limited was last trading in BSE at Rs. 358.45 as compared to the previous close of Rs. 351.20. The total number of shares traded during the day was 14601 in over 841 trades.

The stock hit an intraday high of Rs. 359.30 and intraday low of 349.50. The net turnover during the day was Rs. 5199282.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 JV ProjectManagementConsultancy OrderWin AssamHealthSystem