Shares of RITES rallied 8% to a dayβs high of Rs 324.70 on the BSE after the company announced that it has entered into a strategic partnership with Etihad Rail to explore railway infrastructure development in the UAE. βRITES Ltd., a prime transport infrastructure consultancy, today signed a Memorandum of Understanding (MoU) with Etihad Rail,…
READ MOREState-owned company RITES announced a final dividend of Rs 5 per share and a 1:1 bonus share issue earlier in July for its eligible shareholders, while later announcing September 20 as the record date for both in August. This means today is the last day to buy shares of the company in order to qualify…
READ MORENational Aluminium Company, along with 86 other companies, is expected to be in focus today, as they have set September 20 as the record date for determining shareholders eligible for dividend payments. This means today is the last day to buy shares of these companies in order to qualify for the dividends they have announced,…
READ MOREMCX, Rites and Texmaco Rail among a host of other companies are likely to remain in focus next week as they are approaching their record dates for the purpose of dividend, bonus issues, rights issues and stock split. The record date is the date set by the company to decide the shareholders who are eligible…
READ MOREShares of railway PSU firm RITES soared over 13% to Rs 754.4 in Monday’s trade on the BSE after the firm announced that its board of directors will consider issuing bonus shares for shareholders in its upcoming board meeting on July 31. In an exchange filing, RITES stated, “The Board of Directors of the Company…
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