RITES Ltd

RITES Ltd has seen stock declines of 11% in the past year, but analysts predict limited downside and a potential rebound. Axis Securities has named it 'Pick of the Week' with a target price of ₹ 271, citing a strong order book and export growth.

Dividend Stocks 2025: ICICI Bank, Grasim Industries, RITES Ltd., Dwarikesh Sugar Industries and H.G. Infra Engineering are among the 5 key stocks to trade ex-dividend today, 12 August 2025.

Amid the stock market crash today, five PSU stocks hit their 52-week low. These five state-run companies are Life Insurance Corporation of India (LIC), Coal India, Container Corporation of India, GAIL (India), and RITES Ltd.

Stocks in focus: Rajesh Palviya has recommended to buy, hold, and accumulate Laurus Labs Ltd, Lupin Ltd, and Rites Ltd today.

A total of seven stocks will trade ex-dividend today. The ex-dividend date is the day on which the price of an equity share adjusts to reflect the next dividend payout.

The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout. It is the day the stock becomes ex-dividend, which means it does not carry the value of its next dividend payment from that day forward.

RITES Ltd. reported a 10% dip in consolidated operating revenue to ₹ 544 crore in Q1FY24. EBITDA and PAT were ₹ 161 crore and ₹ 120 crore, respectively. The decrease in revenue was attributed to a decline in exports and revenue from quality assurance.

As part of the MoU, RITES will offer consultancy & advisory services and assist in ascertaining the financial & technical viability of projects, while IRFC will provide financial services to projects/ institutions that have got backward and or forward linkages with the Railways.