RITES Ltd receives LoA from Oil India Ltd

RITES Ltd has received Letter of Award from Oil India Limited for "Construction of Workmen Housing Complex (BQ Area) at OIL, Duliajan on Turnkey Basis under Depository Works Mode".

The order value is Rs. 157.25 Crore excluding GST (including Executing Agency Charges)

Shares of RITES Limited was last trading in BSE at Rs. 223.45 as compared to the previous close of Rs. 230.95. The total number of shares traded during the day was 209374 in over 4276 trades.

The stock hit an intraday high of Rs. 236.00 and intraday low of 222.25. The net turnover during the day was Rs. 47742186.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 OrderWin OilIndia