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RITES emerges as lowest bidder in tender floated by Bangladesh Railway

05 Oct 2023 Evaluate

RITES has emerged as the lowest bidder (L-1) in the tender floated by Bangladesh Railway (price proposal opened on October 5, 2023) for Procurement of 200 Broad Gauge (BG) Passenger Carriages for Bangladesh Railway. The estimated order value is around $111,003,177. 

RITES is a multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies. It provides a comprehensive array of services under a single roof and believes n transfer of technology to client organizations.


Rites Share Price

227.10 -1.70 (-0.74%)
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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