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Rites Pacing Ahead On The Right Track

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RITES Ltd is a newbie in the secondary market as it recently got listed on the bourses on July 2, 2018. RITES is a Mini-Ratna company formed under the patronage of the Indian Railways. The company is involved in transport consultancy and engineering sector in India. The company has diversified services and extensive geographical reach, all under one roof. During the span of around 44 years, the company has undertaken projects in over 55 countries in Asia, Africa, Latin America, South America and Middle East regions. 

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Sensex, Nifty close flat amid volatile session; CG Power locks in at upper circuit, Deepak Nitrite tumbles by five per cent

Geyatee Deshpande / Article rating: 4.5

Ending the week, domestic benchmark indices closed flat with a positive bias on Friday, as Sensex gained by a mere 0.04 per cent or 15.12 points to settle at 38,040.57 while Nifty rose by 0.12 per cent or by 13.90 points to reach the level of 11,214.05.

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