NSE: RITES | BSE: 541556

Momentum Trap

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256.21 -2.07 (-0.80%)

30.86% Fall from 52W High

226.9K NSE+BSE Volume

NSE 25 Sep, 2025 11:24 AM (IST)

12,313.5

Market Cap

High in industry

1.5

Beta 1Year

Very High Volatility

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.

05 Feb 2024

256.21

-0.80%

Result Update:Rites

Hold: Rites Ltd.

Target

Axis Direct

We maintain our HOLD recommendation on the stock as recent sharp appreciation in the stock price leaves us with no upside. We await for better entry point.

Rites Ltd. has an average target of 280.50 from 2 brokers.

Rites Ltd.

02 Nov 2023

256.21

-0.80%

Result Update:Rites

Hold: Rites Ltd.

Target

Axis Direct

We maintain our HOLD recommendation on the stock and revise our estimates downward for FY24 and FY25 respectively.

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

Rites Ltd.

25 Sep 2023, 12:00AM

256.21

-0.80%

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 280.50 from 2 brokers.

Rites Ltd.

01 Aug 2023

256.21

-0.80%

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

256.21

-0.80%

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. is trading below all available SMAs

Rites Ltd.

22 May 2023

256.21

-0.80%

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.