MoneyWorks4Me

Rites has informed that the Company enclosed intimation regarding major turnkey contract secured by the Company. The Company has been awarded a contract for Railway Electrification works on competition basis amounting to Rs 474.92 crore. An MOU will be executed between RITES and the concerned Railway in this regard in due course. This Turnkey contract majorly covers sections of Mavli-B.Sadri for 82 RKM, Udaipur City - Himmatnagar for 210 RKM, Bhatinda - Firozpur for 81 RKM and Gulbarga - Bidar for 110 RKM of NWR, NR and SCR respectively.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
NBCC (India) 82.42
Rites 207.85
Mold-Tek Tech 196.90
Dhruv ConsultancySer 21.80
Telge Projects 224.15
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