Rites Ltd.

NSE: RITES | BSE: 541556 | ISIN: INE320J01015 | Industry: Construction & Engineering
| Momentum Trap
272.7000 2.20 (0.81%)
NSE Jun 20, 2025 15:31 PM
Volume: 1.2M
 

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Rites Ltd.
21 Aug 2019, 12:00AM
272.70
0.81%
Axis Direct
In Q1FY20, RITES ltd. reported stellar sales growth of 62% YoY at Rs 538 cr led by strong execution and higher contribution from turnkey projects. EBIDTA of Rs 131 cr grew strongly by 47% YoY, however, EBIDTA margin at 24.3 % fell by 230 bps due to service mix.
Rites Ltd. has an average target of 315.50 from 2 brokers.
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