NSE: RITES | BSE: 541556

Momentum Trap

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250.30 3.25 (1.32%)

34.82% Fall from 52W High

368.4K NSE+BSE Volume

NSE 11 Aug, 2025 3:31 PM (IST)

12,029.5

Market Cap

High in industry

1.5

Beta 1Year

Very High Volatility

Dividend

Rites Ltd. last dividend of ₹1.30 per share was given on 12 Aug 2025 See details

Rites Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for RITES, BSE:541556 Rites Ltd.

Rites Ltd.

25 Sep 2023

250.30

1.32%

we expect the company to post healthy Revenues/EBITDA/APAT growth of 12%/11%/11%CAGR respectively over FY23-25E. However,the recent appreciation in stock price leaves us with little upside and we maintain our HOLD rating on the stock with a TP of Rs 500/share, implying an upside of 2% from the CMP.

Rites Ltd. has an average target of 303.00 from 2 brokers.

Rites Ltd.

01 Aug 2023

250.30

1.32%

Result Update:Rites

Hold: Rites Ltd.

Recommendation

Axis Direct

We change our recommendation on the stock from a BUY to HOLD as recent appreciation in the stock price leaves no upside potential. We await a better entry point to re-enter the stock.

Number of FII/FPI investors increased from 132 to 138 in Jun 2025 qtr.

Rites Ltd.

19 Jun 2023

250.30

1.32%

Company Update:Rites

Buy: Rites Ltd.

Target

Axis Direct

We maintain our BUY recommendation on the stock with a TP of Rs 450/Share, (Rs 410/Share earlier) implying an upside of 13% from the CMP. We value the company at 16x FY25E EPS (15x earlier).

Rites Ltd. has lost -26.94% in the last 1 Year

Rites Ltd.

22 May 2023

250.30

1.32%

Result Update:Rites

Buy: Rites Ltd.

Axis Direct

Company Outlook & Guidance: The management refrained from giving any revenue guidance but expects to maintain their core EBITDA margin and profitability at a healthy growth rate moving ahead. The company expect good export orders in FY24.

Rites Ltd. has lost -26.94% in the last 1 Year

Rites Ltd.

14 Feb 2023

250.30

1.32%

RITES: Q3FY23 Result Review

Hold: Rites Ltd.

Recommendation Target

IDBI Capital

Rites Ltd. has lost -26.94% in the last 1 Year

Rites Ltd.

13 Feb 2023

250.30

1.32%

Result Update:Rites

Buy: Rites Ltd.

Target

Axis Direct

Recommendation: We maintain our BUY recommendation on the stock.

Rites Ltd. is trading below all available SMAs

Rites Ltd.

12 Dec 2022, 12:00AM

250.30

1.32%

Pick of the Week:12 DEC 2022

Buy: Rites Ltd.

Axis Direct

We recommend a BUY rating on the stock with a TP of Rs. 405/ share implying an upside of 10% from the CMP.

Rites Ltd. has an average target of 303.00 from 2 brokers.

Rites Ltd.

14 Nov 2022

250.30

1.32%

Result Update:Rites

Buy: Rites Ltd.

Recommendation Target

Axis Direct

We revise our earnings estimates for FY23E and 24E and value the company at 15x FY24 EPS (12.5x earlier) to arrive at a TP of Rs 405/share, implying an upside of 10% from the CMP and hence change our rating from HOLD to BUY.

Rites Ltd. has lost -26.94% in the last 1 Year

Rites Ltd.

08 Sep 2022

250.30

1.32%

Axis Annual Analysis:Rites

Hold: Rites Ltd.

Recommendation Target

Axis Direct

we change our rating from BUY to HOLD. We value the company at 12.5x FY24E EPS to arrive at a target price of Rs 315 /share (Rs 295/share earlier), implying an upside of only 5% from the CMP.

Rites Ltd. is trading below all available SMAs

Is Rites Ltd. worth buying?

643 Votes:

Buy 79.94%

Sell 9.02%

Hold 11.04%

RESEARCH REPORTS

Hold SEE REPORTS >

pdf

Buy SEE REPORTS >

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