Rites Ltd has informed the exchange that the Company has secured major orders amounting to Rs93cr approximately.
The company received Turnkey order of signalling works from Ministry of Railways amounting to Rs67.18cr.
Further, company has also received extension of general consultancy work for Nagpur Metro rail project and GEC positions from Gujarat Metro Rail Corporation amounting to Rs26cr.
Rites was currently trading at Rs260 per piece up by Rs0.85 or 0.33% from its previous closing of Rs259.15 per piece on the BSE, at around 11:20 AM.