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.
14 Aug 2020
272.70
0.81%
Axis Direct
RITES Ltd. reported dismal set of numbers for Q1FY21 courtesy the lockdown due to pandemic Covid 19. The consultancy revenues dropped by 21% (YoY), leasing revenues were down by around 13% (YoY), exports revenues stood at just Rs. 0.5 cr (vs. Rs 129 cr in Q1FY20)
Rites Ltd. is trading below its 30 day SMA of 279.6
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