RITES Ltd

RITES will hold a meeting of the Board of Directors of the Company on 4 August 2026.

The scope of the contract includes providing consultancy services for the implementation of the Patna Metro Rail Construction Project. The project is scheduled to be executed over a period of 68 months. The company stated that the contract does not constitute a related-party transaction and confirmed that neither its promoters nor members of the promoter group have any interest in the award of the contract. Rites is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia). The official announcement was made on Friday, 26 June 2026, after market hours. The company reported a 1.40% decline in consolidated net profit to Rs 139.35 crore, despite a 27.56% increase in revenue from operations to Rs 768.26 crore in Q4 FY26 compared with Q4 FY25. The counter shed 0.57% to Rs 225.10 on BSE. Powered by Capital Market - Live

Rites in a consortium has received work from Patna Metro Rail Corporation for consultancy Services for implementation of Patna Metro Rail construction project. The company's share in the project is Rs 79.22 crore.

The scope of the contract includes providing consultancy services for the implementation of the Patna Metro Rail construction project. The project is scheduled to be executed over a period of 68 months. The company stated that the contract does not constitute a related-party transaction and confirmed that neither its promoters nor members of the promoter group have any interest in the award of the contract. Rites is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia). The company reported a 1.40% decline in consolidated net profit to Rs 139.35 crore, despite a 27.56% increase in revenue from operations to Rs 768.26 crore in Q4 FY26 compared with Q4 FY25. The counter rose 1.55% to settle at Rs 226.40 on Saturday, 11 July 2026. Powered by Capital Market - Live

The international contract involves the supply and commissioning of 4,000 HP Cape Gauge diesel-electric locomotives and is valued at $35.8 million. The project is scheduled to be executed over a period of 20 months. The company said the formal contract agreement will be signed after the completion of due diligence by both parties. Following the execution of the agreement, the order will be added to the company's order book. Rites is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia). The company reported a 1.40% decline in consolidated net profit to Rs 139.35 crore, despite a 27.56% increase in revenue from operations to Rs 768.26 crore in Q4 FY26 compared with Q4 FY25. The counter fell 0.99% to settle at Rs 215.95 on Monday, 6 July 2026.Powered by Capital Market - Live

RHI Magnesita India Ltd, KPIT Technologies Ltd, Reliance Power Ltd, DCM Shriram Ltd are among the other stocks to see a surge in volumes on NSE today, 01 July 2026.Rites Ltd saw volume of 848.72 lakh shares by 14:14 IST on NSE, a 176.89 fold spurt over two-week average daily volume of 4.80 lakh shares. The stock increased 14.58% to Rs.234.33. Volumes stood at 5.36 lakh shares in the last session.RHI Magnesita India Ltd recorded volume of 133.56 lakh shares by 14:14 IST on NSE, a 56.69 times surge over two-week average daily volume of 2.36 lakh shares. The stock gained 8.20% to Rs.397.90. Volumes stood at 2.08 lakh shares in the last session.KPIT Technologies Ltd recorded volume of 221.63 lakh shares by 14:14 IST on NSE, a 11.56 times surge over two-week average daily volume of 19.17 lakh shares. The stock lost 15.94% to Rs.564.50. Volumes stood at 54.66 lakh shares in the last session.Reliance Power Ltd clocked volume of 3070.05 lakh shares by 14:14 IST on NSE, a 9.46 times surge over two-week average daily volume of 324.40 lakh shares. The stock gained 11.96% to Rs.27.81. Volumes stood at 426.55 lakh shares in the last session.DCM Shriram Ltd recorded volume of 3.46 lakh shares by 14:14 IST on NSE, a 9.32 times surge over two-week average daily volume of 37127 shares. The stock gained 0.27% to Rs.1,008.50. Volumes stood at 51742 shares in the last session.Powered by Capital Market - Live

The order is for planning, design and development of infrastructural facilities and other related works on campus. The contract will be executed on a cost-plus PMC fee basis and is scheduled to be completed over 30 months from the date of signing of the agreement, or till completion of the assigned work, whichever is later. The total project cost is estimated at Rs 175.41 crore. The company said the order has been awarded by a domestic entity and does not fall under related party transactions. RITES is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia). The company reported a 1.40% decline in consolidated net profit to Rs 139.35 crore, despite a 27.55% increase in revenue from operations to Rs 768.26 crore in Q4 FY26 compared with Q4 FY25. Powered by Capital Market - Live

Jubilant Ingrevia Ltd, RHI Magnesita India Ltd, KPIT Technologies Ltd, DCM Shriram Ltd are among the other stocks to see a surge in volumes on BSE today, 01 July 2026.Rites Ltd saw volume of 11.31 lakh shares by 10:46 IST on BSE, a 26.29 fold spurt over two-week average daily volume of 43019 shares. The stock increased 10.59% to Rs.226.55. Volumes stood at 31853 shares in the last session.Jubilant Ingrevia Ltd saw volume of 1.85 lakh shares by 10:46 IST on BSE, a 16.49 fold spurt over two-week average daily volume of 11208 shares. The stock increased 3.04% to Rs.627.25. Volumes stood at 11876 shares in the last session.RHI Magnesita India Ltd saw volume of 1.15 lakh shares by 10:46 IST on BSE, a 14.71 fold spurt over two-week average daily volume of 7785 shares. The stock dropped 2.07% to Rs.359.55. Volumes stood at 4526 shares in the last session.KPIT Technologies Ltd clocked volume of 14 lakh shares by 10:46 IST on BSE, a 13 times surge over two-week average daily volume of 1.08 lakh shares. The stock lost 15.41% to Rs.567.95. Volumes stood at 3.18 lakh shares in the last session.DCM Shriram Ltd registered volume of 17264 shares by 10:46 IST on BSE, a 11.61 fold spurt over two-week average daily volume of 1487 shares. The stock rose 1.68% to Rs.1,023.75. Volumes stood at 1779 shares in the last session.Powered by Capital Market - Live

RITES has received work of Project Management Consultancy services for planning, design and development of infrastructural facilities and other related works in campus of Babasaheb Bhimrao Ambedkar University (BBAU) on Cost Plus PMC Fee basis. The contract is valued at Rs 175.41 crore.

RITES signed a Memorandum of Understanding (MoU) with Container Corporation of India (CONCOR), a Navratna Public Sector Enterprise under the Ministry of Railways, to collaborate on Project Management Consultancy (PMC) services from concept to commissioning for the development and improvement of CONCOR's terminals and establishments. The partnership will leverage RITES' multidisciplinary engineering and project management expertise to support the planning, design, execution and supervision of infrastructure projects undertaken for CONCOR. Under the MoU, CONCOR may entrust RITES, on a work-to-work basis, with Project Management Consultancy services from concept to commissioning. These services will include feasibility studies, preparation of Detailed Project Reports, detailed engineering, architectural and structural design, project supervision, quality assurance, and construction management etc. The collaboration will support the development and improvement of infrastructure including multimodal logistics parks, inland container depots, rail-linked terminals, warehouses, railway infrastructure, administrative buildings, roads, utilities and allied facilities. Through this partnership, both RITES and CONCOR aim to leverage their respective strengths to facilitate the timely execution of logistics infrastructure projects and contribute to the development of efficient multimodal logistics facilities in the country.