RITES Ltd emerges lowest bidder for tender of CFM, Mozambique

RITES is the lowest bidder in the tenders for procurement of locomotives and wagons invited by CFM, Mozambique. The order is subject to award after the due process of CFM, Mozambique's scrutiny / evaluation as per the requisite requirements mentioned in the tender documents. The estimated value of the bid is approximately Rs. 500 Crore.

Shares of RITES Limited was last trading in BSE at Rs. 484.90 as compared to the previous close of Rs. 455.20. The total number of shares traded during the day was 523858 in over 14080 trades.

The stock hit an intraday high of Rs. 501.20 and intraday low of 456.75. The net turnover during the day was Rs. 251243474.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 LowestBidder OrderWin Locomotives Wagons Mozambique