-
1 Comment
RITES Limited is currently in a long term uptrend where the price is trading 6.9% above its 200 day moving average.
From a valuation standpoint, the stock is 59.2% cheaper than other stocks from the Industrials sector with a price to sales ratio of 3.4.
RITES Limited's total revenue sank by 27.5% to $4B since the same quarter in the previous year.
Its net income has dropped by 30.2% to $1B since the same quarter in the previous year.
Finally, its free cash flow grew by 335.6% to $2B since the same quarter in the previous year.
Based on the above factors, RITES Limited gets an overall score of 3/5.
Exchange | NSE |
---|---|
CurrencyCode | INR |
Sector | Industrials |
Industry | Engineering & Construction |
ISIN | INE320J01015 |
Market Cap | 122B |
---|---|
PE Ratio | 31.66 |
Target Price | 283.5 |
Dividend Yield | 3.0% |
Beta | 0.05 |
RITES Limited, together with its subsidiaries, operates as an engineering consultancy company in the field of railways, highways, airports, ports, ropeways, urban transport, and inland waterways. The company operates through five segments: Consultancy Services; Leasing of Railway Rolling Stock & Equipments; Export of Rolling Stock, Equipments and Spares; Turnkey Construction Projects; and Power Generation. It provides consultancy services, including conducting techno-economic and feasibility studies and preparation of detailed project reports, design engineering services, procurement assistance services, project management consultancy services, quality assurance services and inspection, training services, construction supervision, materials system management services, and commissioning support and general transaction advisory services. The company also undertakes construction projects, such as railway line enhancement works for railway systems, modernization of railway workshops, and building works; leases locomotives; and provides quality assurance services, including pre-dispatch inspections, in-process/stage inspections, testing, and conformity assessments. In addition, it offers integrated export packages for rolling stock, including supply, leasing, rehabilitation, maintenance and spare part support; and renders technical consultancy for the establishment of new and modernization of existing workshops, facility planning for rolling stock maintenance, and training and technology transfer. The company serves governments, governmental instrumentalities, public sector enterprises, and large private entities in India, Asia, Africa, and internationally. RITES Limited was incorporated in 1974 and is based in Gurugram, India.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for RITES.NSE using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2025