RITES | Positional Trade

Updated
📊 DETAILS
Sector: Transport Infrastructure
Mkt Cap: 12,848 cr

Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).

TTM PE : 26.33 (High PE)
Sector PE : 34.43
Beta : 0.78

📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation

8.44% away from 52 week high
Outperformer - RITES up by 3.7% v/s NIFTY 50 up by 2.99% in last 1 month

📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Note
Trail SL to 504
Trade closed: target reached
T1
Trail SL to 519
Trade closed: target reached
T2
Trade active
Note
Trail SL to 581
Trade closed: target reached
Trade active
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