RITES Ltd - Weak Result with Margins Under Pressure; Retain HOLD
RITES Ltd. reported a mixed set of Q2FY24 numbers with revenue of Rs 582Cr (down12% YoY),due to poor performance in the Exports business and lower...
328 Views
Infra-Road Q2FY24 Earnings Preview
We expect road construction companies under our coverage to report Revenue/EBITDA/APAT growth of 13%/9%/9% YoY as growth in the last year was...
232 Views
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...
254 Views
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...
172 Views
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...
270 Views