Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  RITES shines on getting nod to acquire 33% stake in IRSDC

14-Nov2018

RITES shines on getting nod to acquire 33% stake in IRSDC

RITES is currently trading at Rs. 310.60, up by 7.65 points or 2.53% from its previous closing of Rs. 302.95 on the BSE.

The scrip opened at Rs. 314.95 and has touched a high and low of Rs. 321.40 and Rs. 309.05 respectively. So far 169756 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 326.55 on 17-Aug-2018 and a 52 week low of Rs. 190.00 on 02-Jul-2018.

Last one week high and low of the scrip stood at Rs. 321.40 and Rs. 266.80 respectively. The current market cap of the company is Rs. 6233.00 crore.

The promoters holding in the company stood at 87.40%, while Institutions and Non-Institutions held 5.93% and 6.67% respectively.

RITES has received in principle approval to acquire stake of 33% Equity Shares in Indian Railway
Station Development Corporation (IRSDC). The Board of Directors of the company at their meeting held on November 13, 2018, approved the same.

RITES is a multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies. It provides a comprehensive array of services under a single roof and believes n transfer of technology to client organizations.


Related News

View all news

SBI trades in green on the bourses

State Bank of India is currently trading at Rs. 265.15, up by 2.20 points or 0.84% from its previous closing of Rs. 262.95 on the BSE.The scrip opened at Rs. 263.05 and has touched a high and low of Rs.......

Mahindra Lifespace Developers gains on the bourses

Mahindra Lifespace Developers is currently trading at Rs. 376.95, up by 0.60 points or 0.16% from its previous closing of Rs. 376.35 on the BSE.The scrip opened at Rs. 372.70 and has touched a high and......

Lemon Tree Hotels strengthens on the BSE

Lemon Tree Hotels is currently trading at Rs. 72.50, up by 0.50 points or 0.69% from its previous closing of Rs. 72.00 on the BSE.The scrip opened at Rs. 72.20 and has touched a high and low of Rs. 74.00......

Top News

View all news

V-Mart Retail, KPI Global Infrastructure and PNC Infratech to see some action today

V-Mart Retail has opened a new store in the state of Bihar. With this total number of stores remains to 201 Stores in 163 cities across 16 states and total the tally of stores in Bihar to 40.KPI......

V-Mart Retail opens new store in Bihar

V-Mart Retail has opened a new store in the state of Bihar. With this total number of stores remains to 201 Stores in 163 cities across 16 states and total the tally of stores in Bihar to 40.V-Mart Retail......

KPI Global Infrastructure bags 213.75KW solar power project

KPI Global Infrastructure has bagged an order for executing 213.75KW solar power project under 'Captive Power Producer (CPP)' category from Govindam Knit Fab, Surat for which the Letter of Intent (LoI)......