RITES Share Price Jumps 16% After ₹175 Crore BBAU Order; Here’s Why the Stock Is Rallying
Summary Shares of RITES Ltd jumped as much as 16% after the government-owned engineering consultancy company secured a ₹175.41 crore Project Management Consultancy (PMC) contract from Babasaheb Bhimrao Ambedkar University (BBAU). The latest order, along with a recently announced logistics partnership with Container Corporation of India (CONCOR), has strengthened investor confidence in the company’s project … Read more