NSE: RITES | BSE: 541556

Momentum Trap

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267.90 3.97 (1.50%)

30.23% Fall from 52W High

810.6K NSE+BSE Volume

NSE 12 Sep, 2025 3:31 PM (IST)

12,875.4

Market Cap

High in industry

1.6

Beta 1Year

Very High Volatility

Dividend

Rites Ltd. has an upcoming dividend of ₹2.65 per share due on 17 Sep 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.

14 Nov 2022

267.90

1.50%

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 gained 24.23% in the last 6 Months

Rites Ltd.

08 Sep 2022

267.90

1.50%

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.'s price crossed above 100Day SMA today

Rites Ltd.

01 Aug 2022

267.90

1.50%

RITES: Q1FY23 Result Review

Buy: Rites Ltd.

Target

IDBI Capital

Rites Ltd.'s price crossed above 50Day SMA today

Rites Ltd.

27 May 2022

267.90

1.50%

RITES: Q4FY22 Result Review

Buy: Rites Ltd.

Target

IDBI Capital

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

Rites Ltd.

26 May 2022

267.90

1.50%

Result Update:Rites

Buy: Rites Ltd.

Target

Axis Direct

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.'s price crossed above 100Day SMA today

Rites Ltd.

10 Feb 2022

267.90

1.50%

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.'s price crossed above 100Day SMA today

Rites Ltd.

15 Nov 2021

267.90

1.50%

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...

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

Rites Ltd.

12 Nov 2021, 12:00AM

267.90

1.50%

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.'s price crossed above 100Day SMA today

Rites Ltd.

15 Sep 2021

267.90

1.50%

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.'s price crossed above 100Day SMA today

Rites Ltd.

16 Aug 2021

267.90

1.50%

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...

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

Is Rites Ltd. worth buying?

649 Votes:

Buy 80.12%

Sell 8.94%

Hold 10.94%

RESEARCH REPORTS

Hold SEE REPORTS >

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Buy SEE REPORTS >

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