RITES, NHAI collaborate for Comprehensive Consultancy Services

RITES Ltd., a prime transport infrastructure consultancy, has today signed a Memorandum of Understanding (MoU) with National Highways Authority of India (NHAI), under the Ministry of Road Transport and Highways, Government of India. This partnership aims to deliver consultancy services for NHAI projects in the areas of highways, bridges and tunnels and road safety audits.

Under the terms of the MoU, RITES will conduct external technical audits, infrastructure health monitoring, provide quality assurance and other related services.

Shares of RITES Limited was last trading in BSE at Rs. 758.85 as compared to the previous close of Rs. 667.05. The total number of shares traded during the day was 838900 in over 21108 trades.

The stock hit an intraday high of Rs. 767.00 and intraday low of 701.90. The net turnover during the day was Rs. 623475494.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 MoU NHAI