RITES

** Shares of RITES Ltd RITS.NS rise as much as 5.7% to 225 rupees

** Engineering co gets order for final location survey for the high-speed elevated rail corridor between Hyderabad-Bengaluru and Hyderabad-Chennai from South Central Railway

** Adds, order size of 279.6 mln rupees ($3.2 mln)

** Stock on track to gain for fourth straight day

** More than 3.1 mln shares traded as of 9:51 a.m. IST, nearly twice their 30-day moving avg of over 1.6 mln shares

** Average rating on the stock is 'buy'; their median PT is 301 rupees - data compiled by LSEG

** RITS last up 4.1%, cutting YTD losses to 27%

($1 = 87.1630 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

RITES Ltd RITS.NS:

• RITES LTD - GETS ORDER FOR 279.6 MILLION RUPEES

Source text: ID:nBSE1fhvpY

Further company coverage: RITS.NS

** Shares of state-run engineering and consulting co RITES RITS.NS climb 4% to 221.85 rupees

** Co signed deal with Indian government for services and projects involving water infrastructure

** Stock among top five pct gainers on Nifty small-cap index .NIFSMCP100, which is up 0.7%

** RITS rated "buy" on avg, median PT is 301 rupees - data compiled by LSEG

** Stock eyes busiest trading session in nearly seven weeks, volumes at 4.1x the 30-day avg

** Year-to-date, RITS down ~24% vs ~17% fall in NIFSMCP100

(Reporting by Manvi Pant in Bengaluru)

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Feb 19 (Reuters) - RITES Ltd RITS.NS:

• RITES LTD - SIGNS MOU WITH CWPRS FOR MARINE INFRA CONSULTANCY

Source text: ID:nBSEbPNVk5

Further company coverage: RITS.NS

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Feb 12 (Reuters) - RITES Ltd RITS.NS:

• RITES LTD - SIGNS MOU WITH C-DAC FOR IT SOLUTIONS

Source text: ID:nBSE6mTrvj

Further company coverage: RITS.NS

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Jan 28 (Reuters) - RITES Ltd RITS.NS:

• RITES - DIVIDEND OF 1.9 RUPEES PER SHARE

• RITES DEC-QUARTER CONSOL NET PROFIT 1 BILLION RUPEES

• RITES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.76 BILLION RUPEES

Source text: ID:nBSE4x3dgB

Further company coverage: RITS.NS

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** Shares of RITES RITS.NS rise 2% to 298.75 rupees

** Engineering co gets order worth 697.8 mln rupees ($8.1 mln) from Steel Authority of India's Bhilai steel plant

** Order to repair 43 WDS6 locomotives for 3 years

** Also, RITES' unit signs memorandum of understanding with Indian Railway Finance Corp INID.NS to finance power projects for supply to railways

** Trading vols at 5.8 mln shares, 1.4x 30-day average

** RITES rose 16% in 2024 vs 48% gain in 2023

($1 = 85.7550 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))

Jan 2 (Reuters) - RITES Ltd RITS.NS:

• RITES LTD - GETS CONTRACT VALUED AT 697.8 MILLION RUPEES

• RITES LTD - ORDER AWARDED BY STEEL AUTHORITY OF INDIA

Source text: ID:nBSE7Rmdll

Further company coverage: RITS.NS

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Dec 27 (Reuters) - RITES Ltd RITS.NS:

• RITES LTD - CLOSURE OF INDIAN RAILWAY STATIONS DEVELOPMENT CORPORATION

Source text: ID:nNSE3kpxDt

Further company coverage: RITS.NS

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** Engineering and consultancy firm RITES RITS.NS rises 2.6% to 304.25 rupees; set to snap two sessions of losses

** Co gets order worth 2.98 bln rupees ($35 mln) from government of India for project implementation services to construct integrated check post

** RITS up ~21% YTD

($1 = 84.8120 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))

** Shares of RITES RITS.NS up 4%

** Stock among top gainer in Nifty small-cap index .NIFTYSMCP100, which is up 0.3%

** State-run engineering & consulting co on Saturday said it won project worth $9.7 mln from Republic of Guyana government

** RITES shares up ~ 11% YTD vs 43% gains in small-cap index

(Reporting by Sethuraman NR)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

** RITES RITS.NS rises 4% to 298 rupees; set to extend gains to third straight week

** Engineering co says it has been appointed as the project management consultant for phase II Campus of Indian Institute of Management Raipur (Chhattisgarh) project

** Order valued at 1.48 bln rupees ($17.5 mln)

** RITS rated "buy" on avg; median PT is 326 rupees - LSEG

** Stock up ~18 YTD

($1 = 84.6575 Indian rupees)

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected];))

Dec 5 (Reuters) - RITES Ltd RITS.NS:

• GETS ORDER WORTH 1.48 BILLION RUPEES

Source text: ID:nBSE96yN6x

Further company coverage: RITS.NS

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** Shares of RITES Ltd RITS.NS rise as much as 12.6% to 310 rupees, its highest since Oct. 21

** Engineering co received revised estimates for railway electrification work for Northeast Frontier Railways of 5.32 bln rupees ($63.1 mln) from 2.88 bln rupees

** More than 5.6 mln shares traded as of 10:12 a.m. IST, 3.9x their 30-day moving avg

** The mean rating of 5 brokerages rating the stock is "buy"; their median PT is 326 rupees - LSEG data

** RITS last up 9.6%, adding to YTD gains of 19.7%

($1 = 84.3320 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

Nov 22 (Reuters) - RITES Ltd RITS.NS:

• RITES - REVISED ESTIMATES FOR RAILWAY WORK TO 5.32 BILLION RUPEES FROM 2.88 BILLION RUPEES

Source text: ID:nNSE4DLVKW

Further company coverage: RITS.NS

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Nov 6 (Reuters) - RITES Ltd RITS.NS:

• RITES SEPT-QUARTER CONSOL NET PROFIT 729.8 MILLION RUPEES

• RITES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.41 BILLION RUPEES

Source text: ID:nNSE6K616F

Further company coverage: RITS.NS

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Nov 5 (Reuters) - RITES Ltd RITS.NS:

• RITES - CONSORTIUM EMERGES AS L-1 IN TENDER FLOATED BY DELHI METRO RAIL CORPORATION

• RITES - GETS ORDER WORTH 363.6 MILLION RUPEES

Source text: ID:nnAPN2DEUGL

Further company coverage: RITS.NS

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Oct 28 (Reuters) - RITES Ltd RITS.NS:

• RITES - GETS ORDER WORTH 591.3 MILLION RUPEES

Source text: ID:nnAPN2CNWFE

Further company coverage: RITS.NS

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Oct 23 (Reuters) - RITES Ltd RITS.NS:

• RITES - RITES & NMDC COLLABORATE FOR RAIL CONNECTIVITY WORKS

Source text for Eikon: ID:nBSEb1w4qX

Further company coverage: RITS.NS

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Oct 22 (Reuters) - RITES Ltd RITS.NS:

• RITES - ORDER RECEIVED WORTH 4.54 BILLION RUPEES

• RITES - JULY 2023 ORDER CONVERTED INTO TURNKEY BASIS

Source text for Eikon: ID:nBSE4Dflw1

Further company coverage: RITS.NS

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Oct 9 (Reuters) - RITES Ltd RITS.NS:

• RITES - RITES & ETIHAD RAIL SIGN MOU

• RITES - MOU FOR RAIL INFRA WORKS IN UAE

Source text for Eikon: ID:nBSE5nC6s

Further company coverage: RITS.NS

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Oct 7 (Reuters) - RITES Ltd RITS.NS:

• GETS ORDER WORTH $5.4 MILLION

Source text for Eikon: [ID:]

Further company coverage: RITS.NS

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Oct 3 (Reuters) - RITES Ltd RITS.NS:

• RITES & DMRC SIGN MOU FOR EXPLORING METRO WORKS

• PACT WITH DELHI METRO RAIL CORP TO EXECUTE METRO PROJECTS IN INDIA, ABROAD

Source text for Eikon: ID:nBSE9r8MPq

Further company coverage: RITS.NS

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Oct 1 (Reuters) - RITES Ltd RITS.NS:

• RITES - GETS ORDER WORTH $4.28 MILLION RUPEES

Source text for Eikon: ID:nNSEbY5Cnn

Further company coverage: RITS.NS

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* RITES Ltd RITS.NS shares trim losses after order win; shares down 0.4% after dropping 1.9% earlier

* Co received order worth 1 bln rupees ($12 mln) from Adani Ports APSE.NS to provide railway operation and maintenance services at Dhamra Port Co

* Stock up ~45% YTD vs ~33% gains in peer Ircon International IRCN.NS

($1 = 83.6580 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))

Sept 26 (Reuters) - RITES Ltd RITS.NS:

• IN CONSORTIUM EMERGES AS LOWEST BIDDER IN TENDER

• ESTIMATED VALUE OF BID IS 875.8 MLN RUPEES, CO'S SHARE AT 429.1 MLN RUPEES

Source text for Eikon: ID:nNSE6bdGBW

Further company coverage: RITS.NS

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Sept 4 (Reuters) - RITES Ltd RITS.NS:

• RITES - RITES TIES UP WITH NBCC FOR CONSULTANCY WORKS

Source text for Eikon: ID:nBSE8y3f56

Further company coverage: RITS.NS

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Aug 5 (Reuters) - Housing and Urban Development Corporation Ltd HUDC.NS:

• HUDCO - MOU BETWEEN HUDCO AND RITES

Source text for Eikon: ID:nBSE4kwsZx

Further company coverage: HUDC.NS

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July 29 (Reuters) - RITES Ltd RITS.NS:

• RITES, NHAI COLLABORATE

Source text for Eikon: ID:nBSE3mt4mY

Further company coverage: RITS.NS

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July 25 (Reuters) - RITES Ltd RITS.NS:

• GETS ORDER WORTH 3.21 BILLION RUPEES

Source text for Eikon: ID:nBSE3c3Cm9

Further company coverage: RITS.NS

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