RITES is currently trading at Rs. 224.45, up by 11.30 points or 5.30% from its previous closing of Rs. 213.15 on the BSE.

The stock opened at Rs. 213.20 and recorded a high of Rs. 228.00 and a low of Rs. 212.95. So far, 48,078 shares have been traded on the counter.

The BSE group 'A' stock, with a face value of Rs. 10, reached a 52-week high of Rs. 413.08 on 27-Feb-2024 and a 52-week low of Rs. 200.35 on 17-Feb-2025. Over the past week, the scrip traded between Rs. 228.00 and Rs. 200.35. The company's current market capitalization stands at Rs. 10,472.36 crore.

Promoters hold a 72.20% stake in the company, while institutions and non-institutions hold 12.17% and 15.63%, respectively.

In a significant development, RITES has signed a Memorandum of Understanding (MoU) with the Central Water and Power Research Station (CWPRS), an R&D organization under the Department of Water Resources, River Development, and Ganga Rejuvenation, Ministry of Jal Shakti.

This collaboration focuses on engineering consultancy services and research & development projects in water resources, marine, and inland waterways infrastructure. The partnership will integrate RITES’ expertise in transport infrastructure consultancy and project management with CWPRS’ advanced research capabilities in water resources, aiming to drive innovative solutions in marine, coastal, inland waterways, and hydropower infrastructure. The initiative is expected to enhance project efficiency and sustainability through joint consultancy and R&D efforts.

RITES is a multi-disciplinary consultancy firm specializing in transport, infrastructure, and related technologies. It offers a comprehensive range of services and emphasizes technology transfer to client organizations.