RITES Ltd emerges L1 for consultancy services tender in UP

RITES is the lowest bidder (L-1) in the tender floated by UP State Bridge Corporation Limited for Consultancy Services for Construction of Civil works (CSC) for supervision, Monitoring, Quality Control and Work Zone Safety for Construction of Bridges, Rail Over/Under Bridges, Flyovers and Elevated Roads including approaches in several districts of Uttar Pradesh. The order is subject to award after the due process of scrutiny / evaluation by the UP State Bridge Corporation Limited as per the requisite requirements mentioned in the tender documents. The estimated value of the bid is Rs. 60.03 Crore plus GST.

Shares of RITES Limited was last trading in BSE at Rs. 664.45 as compared to the previous close of Rs. 650.70. The total number of shares traded during the day was 233131 in over 11425 trades.

The stock hit an intraday high of Rs. 683.70 and intraday low of 654.50. The net turnover during the day was Rs. 156455818.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 L1 ConsultancyServices UP