Rites Ltd.

NSE: RITES | BSE: 541556 | ISIN: INE320J01015 | Industry: Construction & Engineering
| Momentum Trap
278.9500 -0.25 (-0.09%)
NSE Jun 26, 2025 15:31 PM
Volume: 645.4K
 

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Rites Ltd.
02 Mar 2021
278.95
-0.09%
Monarch Networth Capital Limited
Rail capex increased from ~US$6bn/annum to ~US$24bn/annum from 2014 to 2020 and is expected to further increase to ~US$33bn/annum over the next 10 years. The near term key focus would be on electrification, signalling and gauge conversion while station re-development, DFC and HSR remain medium to long term focus areas. NIP, a major catalyst for infra investments in Airports, Ports, Roads, Renewables, etc. remains a pivotal area for RITES....
Rites Ltd. is trading below its 30 day SMA of 284.7
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