RITES Secures Rs 45.19 Crore PMC Order for Muriganga Bridge Project

RITES Limited received a major work order from Public Works (Roads) Directorate, Government of West Bengal, for consultancy services as Project Management Consultant.

The contract covers entire design and construction supervision as Authority Engineer for a proposed 4-lane extra dosed bridge over river Muriganga including approaches, connecting Kachuberia (Sagar Island) with Kakdwip in South 24 Parganas district. Valued at Rs. 45,18,86,400 excluding GST, the domestic order carries a 48-month execution period.

Shares of RITES Limited was last trading in BSE at Rs. 206.35 as compared to the previous close of Rs. 201.80. The total number of shares traded during the day was 95434 in over 1689 trades.

The stock hit an intraday high of Rs. 212.50 and intraday low of 201.75. The net turnover during the day was Rs. 19925595.00.

Source : Equity Bulls

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