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.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: tradingview.com/u/Munish_Jain/
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.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: tradingview.com/u/Munish_Jain/
Comment
Trail SL to 504Trade closed: target reached
T1Trail SL to 519
Trade closed: target reached
T2Trade active
Comment
Trail SL to 581Trade closed: target reached
Trade active
Disclaimer
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