What is the Share Price of Rites Ltd?
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The share price of Rites Ltd for NSE is ₹ 240.67 and for BSE is ₹ 241.9.
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(Standalone)
Market Cap (Cr) | 5783.34 |
PE Ratio (TTM) | 30.41 |
Book Value / Share | 51.59 |
Beta | 1.44 |
ROE | 18.13% |
EPS (TTM) | 7.68 |
Dividend Yield | 3.85% |
Net Profit Qtr (Cr) | 94.99 |
Particulars | DEC 2024 (Values in Cr) |
---|---|
Revenue | 544.53 |
Operating Expense | 468.90 |
Net Profit | 94.99 |
Net Profit Margin (%) | 17.44 |
Earnings Per Share (EPS) | 1.98 |
EBITDA | 137.41 |
Effective Tax Rate (%) | 22.69 |
RITES Limited delivered a strong financial performance, positively influencing the RITES share price. For the fiscal year 2023-24, the company reported a revenue of ₹2,539 crore and a profit after tax of ₹495 crore. Its robust performance is supported by successful project execution and diversification into emerging markets. The company’s order book, valued at ₹6,355 crore as of August 2024, highlights a promising future pipeline. These results reflect RITES' ability to maintain financial stability and enhance investor confidence.
The annual reports of RITES Limited highlight its sustained growth trajectory, contributing to the RITES share price stability. The 2022-23 report underscores key achievements, including advancements in technology adoption, project diversification, and operational efficiency. The company also demonstrated a commitment to sustainability and strong corporate governance practices. These factors have positioned RITES as a leader in the engineering consultancy sector, reflecting positively on its market valuation.
RITES Limited continues to reward shareholders with consistent dividend payouts, positively impacting the RITES share price. For the fiscal year 2023-24, the company declared a dividend of ₹7.88 per share, reflecting its strong profitability and effective capital management. This approach not only ensures regular income for investors but also highlights the company’s financial health and focus on long-term shareholder value.
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The share price of Rites Ltd for NSE is ₹ 240.67 and for BSE is ₹ 241.9.
The market cap of Rites Ltd for NSE is ₹ 57,83.34 Cr. and for BSE is ₹ 58,12.90 Cr. as of now.
The 52 Week High and Low of Rites Ltd for NSE is ₹ 398.45 and ₹ 192.40 and for BSE is ₹ 398.50 and ₹ 192.30.
You can trade in Rites Ltd shares with Bajaj Broking by opening a Demat Account.
The 1 year returns on the stock has been -28.29%.
Rites Ltd share price is for NSE ₹ 240.67 & for BSE ₹ 241.9 as on Apr 22 2025 03:30 PM.
The market cap of Rites Ltd for NSE ₹ 57,83.34 & for BSE ₹ 58,12.90 as on Apr 22 2025 03:30 PM.
As on Apr 22 2025 03:30 PM the price-to-earnings (PE) ratio for Rites Ltd share is 30.41.
As on Apr 22 2025 03:30 PM, the price-to-book (PB) ratio for Rites Ltd share is 51.59.
You can trade in Rites Ltd shares with Bajaj Broking by opening a demat accountopens in a new tab.
To buy Rites Ltd shares on the Bajaj Broking app, follow these steps:
• Login to the Bajaj Broking App
• Click on the Search Icon
• Search “Rites Ltd”
• Click on the BUY icon
• Place a buy order specifying the desired quantity of shares.
• Click BUY again to complete the purchase
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Who is the CEO of RITES Ltd?
The CEO of RITES Ltd is Rahul Mithal, who has been serving as Chairman and Managing Director since October 7, 2021. With over 30 years of experience in the railway sector, he plays a crucial role in shaping the company’s strategic vision. Under his leadership, RITES has strengthened its operational efficiency and market presence, which is reflected in the steady growth of the RITES share price.
When was RITES Ltd established?
RITES Ltd was established in 1974 and has since become a leading name in the infrastructure and engineering consultancy sector. Over the decades, it has built a strong reputation for delivering quality services in various domains, contributing to its growth and the stability of the RITES share price in the market.
What factors influence RITES Ltd share price fluctuations?
The RITES share price is influenced by factors such as the company’s financial performance, order book size, and timely project execution. Additionally, government policies on infrastructure, global economic trends, and market sentiment play a significant role. Investors closely monitor its operational efficiency and growth strategies, which directly impact its valuation in the stock market.
Is RITES debt free?
RITES Ltd operates with minimal debt, ensuring a strong financial position. Its prudent financial management and consistent cash flow generation enable the company to manage its operations effectively without relying heavily on debt financing. This fiscal discipline positively impacts the RITES share price, making it an attractive investment.
What is the CAGR of RITES share?
The compound annual growth rate (CAGR) of the RITES share price over the past five years has been impressive, showcasing steady returns for long-term investors. This reflects the company’s strong financial performance and strategic initiatives aimed at enhancing shareholder value and sustaining growth.
How has the RITES share price performed over the past year?
Over the past year, the RITES share price has shown resilience, supported by consistent financial results and a robust order book. Despite market volatility, the company’s strong fundamentals and effective project execution have contributed to maintaining investor confidence, making it a reliable option for stable returns.
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