Shares of PSU railway stock RITES on Monday rallied up to 5% to Rs 309.85 on BSE after it won a contract for engineering services for upgrading of the Palmyra to Moleson Creek Highway in Guyana for $9.71 million. “We are pleased to inform you that RITES has emerged as top scorer (H-1 bidder) based…
READ MOREShares 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 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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