RITES Limited is currently trading at RS 251.05, up by 3.20 points or 1.29% from its previous close of RS 247.85 on the BSE.

The stock opened at RS 253.95 and touched an intraday high of RS 255.80 and a low of RS 250.30. A total of 44,718 shares have been traded so far on the counter.

The BSE ‘A’ group stock, with a face value of RS 10, has recorded a 52-week high of RS 316.15 (on June 5, 2025) and a 52-week low of RS 192.30 (on March 3, 2025). Over the past week, the scrip has fluctuated between RS 255.80 and RS 244.20. The company’s current market capitalization stands at RS 12,051.14 crore.

As per shareholding data, promoters hold 72.20%, while institutions and non-institutions own 12.18% and 15.62%, respectively.

In a significant development, RITES has received a Letter of Award (LoA) from the National Institute of Mental Health & Neuro Sciences (NIMHANS) for Project Management Consultancy (PMC) services for the construction of a new Outpatient Department (OPD) building at its Bangalore campus. The turnkey project, valued at RS 372.68 crore (exclusive of GST and including PMC fee), is expected to be completed within 36 months.

RITES is a multi-disciplinary consultancy organization specializing in transport, infrastructure, and related technologies, offering a comprehensive range of services under one roof and emphasizing technology transfer to client organizations.