Rites informs about company updates

21 Sep 2020 Evaluate

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.

Rites Share Price

664.30 1.50 (0.23%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Engineers India 201.95
Rites 664.30
Pitti Engineering 763.80
Kennametal India 2379.15
MTAR Technologies 1683.65
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.