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The Latest Breaking News from RITES

Titagarh Rail, RITES, other railway stocks rise up to 4%. Here’s why

Railway stocks rose after reports that the government plans to invest Rs 45,000 crore in border railway upgrades over the next 18-24 months. The project will cover track, platform and network expansion across several border states and account for around 22% of planned railway infrastructure spending over the next two…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities ended lower after four straight gains as profit booking, weak global cues and caution ahead of the US Fed minutes weighed on sentiment. IT stocks remained resilient, while analysts expect earnings, monsoon progress, stable rupee and foreign inflows to guide near-term market direction.

The Economic Times

RITES shares soar 9% after bagging a $36 million locomotive supply order from South Africa

RITES shares rallied after securing a $36 million locomotive supply contract. The company also received a Rs 175.41 crore consultancy project from BBAU. These new orders will be added to RITES' growing order book. Execution of these contracts is scheduled over the next 20 to 30 months. RITES recently signed…

The Economic Times

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Nine weeks in, Mumbai-Pune Expressway's Missing Link partially shut as heavy rain triggers landslide

A recent landslide on the Mumbai-Pune Expressway's new Missing Link corridor, inaugurated just nine weeks ago, has caused significant traffic disruption. Heavy overnight rainfall led to mud and rock flow onto the Pune-to-Mumbai carriageway, forcing its complete closure. Commuters are advised to postpone travel between the cities as both the…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian equities rebounded after two sessions of losses, with Sensex rising 444 points and Nifty reclaiming 24,000. Easing geopolitical tensions, trade deal optimism and lower oil prices boosted sentiment, while analysts maintained a bullish outlook above the key 23,800 support.

The Economic Times

RITES shares rocket 16% on Rs 175 crore consultancy order from Ambedkar University

RITES shares surged 16% after securing a Rs 175 crore project management consultancy order from Babasaheb Bhimrao Ambedkar University for campus infrastructure development. The company also recently inked an MoU with CONCOR to collaborate on logistics infrastructure projects, leveraging RITES' expertise for planning, design, and execution. This follows a period…

The Economic Times

RITES shares in focus after Q4 net profit declines; revenue jumps 27% YoY

RITES reported a consolidated net profit of Rs 139 crore for Q4 FY26, down 1.4% year-on-year. Revenue rose about 27% to Rs 768 crore. The company declared a Rs 2.75 per share dividend and posted EBITDA of Rs 172 crore with 22.4% margins, reflecting steady operational performance and execution strength.

The Economic Times

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RITES Q4 Results: Cons PAT slips 1.4% YoY to Rs 131 crore, revenue up 27%

RITES announced its financial results for the March quarter. The company reported a net profit of Rs 139 crore. Revenue from operations saw a significant increase of 27%. The board recommended a final dividend of Rs 2.75 per share for FY26. RITES also achieved an all-time high order book of…

The Economic Times

Stocks in news: JSW Steel, ZEE, Adani Enterprises, Vodafone Idea, Eicher Motors

Indian markets saw a volatile Monday, ending nearly flat due to global weakness and economic worries. Analysts suggest Nifty is consolidating, with resistance at 23,800-24,000 and support near 23,150-23,300. Key companies like JSW Steel, ZEE, and Adani Enterprises are in focus. IOC reported a significant profit surge. Eicher Motors plans…

The Economic Times

10 lakh trees to be axed by govt likely to be used for Nicobar project

Timber from around 10 lakh trees to be cut for the mega infra project at the Great Nicobar island is likely to be used for the same project, according to a government document.

Newslaundry

RITES conducting feasibility studies on cargo volumes, missing rail links along proposed IMEC corridor: Chairman

RITES Ltd, a leading railway PSU, aims to develop the India-Middle East-Europe Economic Corridor with AD Ports Group.

The Hindu

KWA engages RITES as project management consultants for KIIFB-funded projects

The Kerala Water Authority (KWA) has engaged RITES Ltd as project management consultants for works undertaken with funding under the Kerala Infrastructure Investment Fund Board (KIIFB).

The Hindu

RITES signs pact with Power Finance Corporation

The two entities have signed the pact to explore avenues in areas, including transport and logistics, energy, water and sanitation, communication, social and commercial infrastructure. Read further on Dynamite News

Dynamite News

Thiruvananthapuram city’s wait for Neyyar water supply project continues

Indications are that Thiruvananthapuram will have to be more patient for the promised additional water supply from the Neyyar reservoir.

The Hindu

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The Hindu

RITES to help with technical knowledge for waste management in small cities

The MoU will enable States and urban local bodies to implement the mission initiatives efficiently, providing safe and sustainable sanitation access universally, through safe containment, collection and transportation, treatment, and reuse

The Times of India

Chandigarh needs 9 more multilevel lots: Rail India Technical and Economic Services

CHANDIGARH: To solve the ever-increasing parking problem in the city, the Rail India Technical and Economic Services (RITES) in its interim report has suggested nine more multilevel parkings in the city for 16,000 vehicles.

The Times of India

Share of private vehicles on Chandigarh roads is up to 90%: Report

CHANDIGARH: The share of private vehicles on major junctions varies from 79% to 90% while that of buses from .4% to 2.6%, according to an interim report of the Rail India Technical and Economic Services (RITES).

The Times of India

CBI nabs 2 Rail India Technical and Economic Service Limited (RITES) officers in Jharkhand

RANCHI: The CBI on Friday arrested three persons, including two senior officials of Rail India Technical and Economic Service Limited (RITES), in connection with a bribery case involving a sum of Rs 2.72 lakh.

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The Times of India

Bengaluru: Challaghatta Metro depot work to begin soon

BENGALURU: Work on Challaghatta Metro depot is likely to commence soon with the RITES–Power Mech Projects joint venture (JV) on Monday emerging as the lowest bidder to construct the depot and workshop.

The Times of India

UT plans policy on limiting vehicles per household

CHANDIGARH: With the city struggling for parking space, the Chandigarh administration is planning to come out with an idea to limit registration of vehicles per household. The proposal was discussed during the review meeting on the progress report of Rail India Technical and Economic Services (RITES) on the comprehensive mobility…

The Times of India

After RITES survey, Gaur Chowk underpass plan gets Greater Noida Industrial Development Authority nod

NOIDA: The Greater Noida Industrial Development Authority (GNIDA) has given in-principle consent to build a Rs 60-crore underpass at Gaur Chowk to reduce the traffic burden and streamline movement of vehicles at one of the busiest intersections in the city.

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