RI

RITES LtdNSE RITES Stock Report

Last reporting period 31 Mar, 2024

Updated 12 Nov, 2024

Last price

Market cap $B

0.66

Micro

Exchange

XNSE - National Stock Exchange Of India

RITES.NS Stock Analysis

RI

Avoid

Based on Eyestock quantitative analysis, RITES.NS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

47/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-53.9 %

Overvalued

Market cap $B

0.66

Dividend yield

2.54 %

Shares outstanding

240.3 B

RITES Ltd. engages in the provision of transport infrastructural services. The company is headquartered in Gurgaon, Haryana and currently employs 1,710 full-time employees. The company went IPO on 2018-07-02. The firm offers various services from concept to commissioning in transport infrastructure and related technologies. The company operates through four segments: Consultancy Services, Leasing of railway rolling stock & equipment’s, Export of rolling stock, equipment’s and spares, and Turnkey Construction Projects. Its sectors of operation include Railways, Metros, Airports & Land Ports, Ports & Harbors, Highways, Ropeways, Tunnels & Bridges, Institutional Buildings, Renewable Energy, and Urban Planning & Infrastructure. The company also provides services of Project Management Consultancy, Techno-Economic Feasibility, Detailed Project Report, Third Party Inspection, Transaction Advisory, Wet Leasing of Locomotives, Construction Supervision, Exports of Rolling Stock, Quality Assurance, Design Engineering Activities, and Sustainability Consultancy. Its subsidiaries are RITES (Afrika) (Pty) Limited and REMC Limited.

View Section: Eyestock Rating