Rites Ltd. share price target

RITES is a wholly owned Government Company, a Miniratna (Category I) Schedule A' Public Sector Enterprise. It is a leading player in the transport consultancy and engineering sector in India and the only company having diversified services and geographical reach in this field under one roof. RITES has an experience spanning 43 years an..

Incorporated in 1974 by Ministry of Railways, RITES Ltd is a wholly owned government company and a Miniratna (CategoryI) Schedule A' Public Sector Enterprise. The company is a multidisciplinary engineering and consultancy organization providing diversified and comprehensive array of services from concept to commissioning in all facets of transport infrastructure and related technologies. It reported revenue, adjusted PAT CAGR of 9.1%, 7.4% in FY13-17 to | 1353.4 crore, | 310.4 crore, respectively. RITES IPO consists of offer for sale of 2.52 crore shares at...

RITES Ltd. (RITES) is a wholly owned Government Company, a Miniratna (Category I) Schedule A' Public Sector Enterprise. The company is a leading player in the transport consultancy and engineering sector in India and the only company having diversified services and geographical reach in this field. Based on Public Enterprise Survey FY16, it is ranked No. 1 based on net profit and dividend declared in Industrial Development and Technical Consultancy Services sector (Source: RHP)....