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Rites gains on signing MoU with Container Corporation of India

30 Jun 2026 Evaluate

Rites is currently trading at Rs. 207.95, up by 2.00 points or 0.97% from its previous closing of Rs. 205.95 on the BSE.

The scrip opened at Rs. 209.70 and has touched a high and low of Rs. 209.75 and Rs. 207.40 respectively. So far 600 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 299.95 on 02-Jul-2025 and a 52 week low of Rs. 175.10 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 215.50 and Rs. 204.90 respectively. The current market cap of the company is Rs. 9898.03 crore.

The promoters holding in the company stood at 72.20%, while Institutions and Non-Institutions held 12.17% and 15.62% respectively.

Rites has signed a Memorandum of Understanding (MoU) with Container Corporation of India (CONCOR), a Navratna Public Sector Enterprise under the Ministry of Railways, to collaborate on Project Management Consultancy (PMC) services from concept to commissioning for the development and improvement of CONCOR's terminals and establishments. The partnership will leverage RITES' multidisciplinary engineering and project management expertise to support the planning, design, execution and supervision of infrastructure projects undertaken for CONCOR.

Under the MoU, CONCOR may entrust RITES, on a work-to-work basis, with Project Management Consultancy services from concept to commissioning. These services will include feasibility studies, preparation of Detailed Project Reports, detailed engineering, architectural and structural design, project supervision, quality assurance, and construction management etc.

The collaboration will support the development and improvement of infrastructure including multimodal logistics parks, inland container depots, rail-linked terminals, warehouses, railway infrastructure, administrative buildings, roads, utilities and allied facilities. Through this partnership, both RITES and CONCOR aim to leverage their respective strengths to facilitate the timely execution of logistics infrastructure projects and contribute to the development of efficient multimodal logistics facilities in the country

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

204.85 -1.10 (-0.53%)
30-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
NBCC (India) 104.85
Rites 204.85
Central Mine Plan. 247.80
Monarch Surveyors 229.50
Mold-Tek Tech 135.20
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