Rites Ltd.

NSE: RITES | BSE: 541556 | ISIN: INE320J01015 | Industry: Construction & Engineering
| Momentum Trap
278.6500 -1.25 (-0.45%)
NSE Jul 16, 2025 15:31 PM
Volume: 347.2K
 

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Rites Ltd.
12 Nov 2020
278.65
-0.45%
Axis Direct
RITIES has an order book of Rs 6,661 cr which gives visibility for more than 2 years; Mgtm is confident of regaining momentum with easing of lockdown restrictions. We expect the company to post Revenues/PAT at CAGR of 7%/5% respectively over FY20-22E. We retain BUY with a target price of Rs 317
Rites Ltd. has gained 20.10% in the last 3 Months
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