Triple honours: RITES shines at SCOPE & EEPC Awards

RITES Limited, a Navratna Public Sector Enterprise under the Ministry of Railways, has registered a 'triple' triumph with two SCOPE Eminence Awards and the EEPC India Regional Award for institutional, corporate and export excellence.

Recognizing RITES' exceptional contributions to the public sector, the Standing Conference of Public Enterprises (SCOPE) awarded RITES with the SCOPE Eminence Award in the categories of 'Institutional Excellence (Miniratna-I & II)' and 'Corporate Governance' for the period 2019-20. Hon'ble Vice President of India Mr. Jagdeep Dhankhar presented the coveted awards to RITES Chairman & Managing Director Mr. Rahul Mithal and Director Finance & Chief Financial Officer Mr. KG Agarwal at a ceremony in Vigyan Bhawan, New Delhi.

Adding another feather to its cap, RITES also bagged the EEPC INDIA Regional Award (Northern) for Export Excellence for 2018-19 in the category of 'Top Exporter for the Year 2018-19 - Gold Trophy'. On behalf of RITES, Director Technical Dr. Deepak Tripathi received the award from Hon'ble Raksha Rajya Mantri Mr. Ajay Bhatt. This recognition acknowledges RITES' competent performance and its position among the top engineering exporters in India.

With this triple achievement, RITES reaffirms its commitment to strive for excellence while keeping its values central to its ethos.

Shares of RITES Limited was last trading in BSE at Rs. 520.00 as compared to the previous close of Rs. 531.65. The total number of shares traded during the day was 140673 in over 5573 trades.

The stock hit an intraday high of Rs. 534.80 and intraday low of 505.30. The net turnover during the day was Rs. 72997471.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 Awards SCOPE EEPC