RITES shares rally 8% on signing MoU with Etihad Rail for UAE project
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,…
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Rites Stock Price Today: RITES shares soar over 13% ahead of bonus issue announcement
Shares 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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