RITES, MIDC collaborate to boost Multi-Modal Logistics projects

RITES Ltd, a prime transport infrastructure consultancy and engineering firm, has entered into a memorandum of understanding (MoU) with Meghalaya Industrial Development Corporation Ltd (MIDC) to develop Multi-Modal Logistics projects in Meghalaya.

As part of the MoU, RITES will be offering its expertise as a Project Management Consultant and shall undertake a comprehensive range of services for developing Multi-Modal Logistics projects in Meghalaya.

The collaboration is set to improve logistics infrastructure within Meghalaya and enhance trade and transport opportunities, fostering economic development and easing access to the region.

Shares of RITES Limited was last trading in BSE at Rs. 476.55 as compared to the previous close of Rs. 477.90. The total number of shares traded during the day was 17575 in over 756 trades.

The stock hit an intraday high of Rs. 479.55 and intraday low of 473.05. The net turnover during the day was Rs. 8347793.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 MoU MIDC MultiModalLogisticsProjects Meghalaya