NSE: RITES | BSE: 541556

Momentum Trap

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278.95 0.70 (0.25%)

29.07% Fall from 52W High

1.1M NSE+BSE Volume

NSE 14 Jul, 2025 3:31 PM (IST)

13,406.4

Market Cap

High in industry

1.4

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.

01 Aug 2022

278.95

0.25%

RITES: Q1FY23 Result Review

Buy: Rites Ltd.

Target

IDBI Capital

Rites Ltd. is trading above its 200 day SMA of 266.8

Rites Ltd.

27 May 2022

278.95

0.25%

RITES: Q4FY22 Result Review

Buy: Rites Ltd.

Target

IDBI Capital

Rites Ltd. has lost -27.69% in the last 1 Year

Rites Ltd.

26 May 2022

278.95

0.25%

We roll over our estimate to FY24 and retain a BUY rating on the stock, valuing the company at 11.5x FY24E EPS to arrive at a target price of Rs 275/share (Rs 305/share earlier), implying an upside of 10% from the CMP.

Rites Ltd. has an average target of 315.50 from 2 brokers.

Rites Ltd.

10 Feb 2022

278.95

0.25%

Result Update:Rites

Buy: Rites Ltd.

Target

Axis Direct

We retain a BUY rating on the stock with a target price of Rs 305 (Rs 330 earlier), implying an upside of 15% from the CMP.

Rites Ltd. is trading above its 200 day SMA of 266.8

Rites Ltd.

15 Nov 2021

278.95

0.25%

RITES: Q2FY22 Result Review

Buy: Rites Ltd.

Target

IDBI Capital

Order book provided visibility: H1FY22 Order book is at Rs64bn (equals 3x TTM Revenue) comprising of Consultancy /Exports/ Lease/ Turnkey/ REMC at Rs2.5bn /Rs10bn/ Rs1bn/ Rs28bn/ Rs1bn. New opportunity is expected from metro consultancy order and 2-3 international orders of USD100mn each. Segmental composition: With Exports back on track, RITE is aiming for Rs7-7.5bn revenue in FY22E. Consultancy segment is growing and RITE expects revenue increase at 10% pa over the next 3-4 years. For Turnkey segment, company expects revenue to improve on QoQ and stabilize in Q4FY22. Going forward, company is targeting to...

Rites Ltd. has an average target of 315.50 from 2 brokers.

Rites Ltd.

12 Nov 2021

278.95

0.25%

Result Update:Rites

Buy: Rites Ltd.

Target

Axis Direct

We retain a BUY rating on the stock with a target price of Rs 330, implying an upside of 12% from CMP.

Rites Ltd. is trading below its 30 day SMA of 285.3

Rites Ltd.

15 Sep 2021

278.95

0.25%

Axis Annual Analysis:Rites

Buy: Rites Ltd.

Axis Direct

we expect the company to deliver Revenues/EBITDA/APAT growth of 26%/23%/21% CAGR respectively over FY21-23E.

Rites Ltd. is trading below its 30 day SMA of 285.3

Rites Ltd.

16 Aug 2021

278.95

0.25%

RITES: Q1FY22 Result Review

Buy: Rites Ltd.

IDBI Capital

Guidance on segmental revenue: For FY22E, RITE expects export revenue of Rs9bn which will be scattered over the next three quarters. Consultancy segment is growing and RITE expected revenue increase of 10% pa over the next 3-4 years. QA has reached Pre Covid level in Q2FY22. Turnkey segment revenue could decline in FY22E...