Munish_Jain

RITES | Swing Trade

Long
NSE:RITES   RITES LTD
📊 DETAILS
Sector: Transport Infrastructure
Mkt Cap: 17,203 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 : 36.75 (High PE)
Sector PE : 40.86
Beta : 1.43

📚 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

13.32% away from 52 week high
Outperformer - RITES up by 9.8% v/s NIFTY 50 up by 2.3% in last 1 month

📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials

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