RITES Ltd - Positive Industry Tailwind; New Export Orders Key For Future Growth
Expanding global presence and capabilities: RITES Ltd (RITES) reported revenue of Rs 2,628 Cr, down 1.3% on a YOY basis,on account of lower export...
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RITES Ltd - Focus On Maintaining Margins; Higher Exports to Drive Growth
RITES Ltd. reported a mixed set of Q1FY24 numbers with revenue of Rs 544 Cr (down 10% YoY), due to poor performance in the Exports business and...
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RITES Ltd - New Export Order To Aid In Revenue Growth
RITES has signed Contract Agreements with the National Railways of Zimbabwe (NRZ) for the supply of rolling stock (3000 HP Diesel Electric...
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RITES Ltd - Focus on Growing Bottomline; Healthy Order Book to Drive Growth
RITES Ltd. reported a mixed set of Q4FY23 numbers with revenue of Rs 687 Cr (down 10% YoY), supported by the highest-ever revenue in all segments...
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RITES Ltd - Robust Operating Performance; Retain BUY
The company delivered robust operating performance during the quarter clocking a healthy EBITDA margin of 28.5% and we expect the margin to be...
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