Rites ChartRites Ready to fly target 340. I have also given you the snapshot of the analysis done by me.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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8.00 INR
3.85 B INR
22.18 B INR
133.59 M
About RITES LTD
Sector
CEO
Rahul Mithal
Website
Headquarters
Gurgaon
Founded
1974
ISIN
INE320J01015
FIGI
BBG000VFHZB3
RITES Ltd. engages in the provision of transport infrastructural services. It operates through the following segments: Consultancy Services; Leasing of Railway Rolling Stock and Equipments; Export of Rolling Stock, Equipments and Spares; and Turnkey Construction Projects. The company was founded in 1974 and is headquartered in Gurgaon, India.
Chart Analysis for RITES Ltd.Trend Analysis:
The chart indicates a recovery after a period of consolidation. The recent upward momentum suggests a potential bullish trend.
Key Levels:
Support Level: Around ₹210 - ₹215, where price has previously bounced back.
Resistance Level: Near ₹225, where price has encountered selling pr
RITES TARGET 397 STOPLOSS 270Script is taken long term monthly uptrend channel support taken in the and bullish in weekly closing. Target is 397.
Result play in RITES around 292-295 levels A lond Trade Can be initiated in RITES around 288-295 levels with sl around 280-282 levels for target of 312+++ 318+++ 327+++ 335 ++++ maintain strict sl and hold for the target.
TURNING BULLISH: RITESRITES HAS BEEN IN A DOWNTREND FOR THE PAST COUPLE OF MONTHS.
RECENTLY IT HAS BOUNCED BACK STRONGLY FROM THE SUPPORT LEVEL OF 648.
NEXT RESISTANCE LEVELS: 767 - 783.
CONS: Sharp decline in quarterly profit from Rs. 176 Cr (Mar 2024) to Rs. 106 Cr. (Jun 2024).
Similarly, sales declined from Rs. 2,628
RITES Date 31.08.2024
RITES
Timeframe : Day chart
At 200 ema & consolidating from few days. Recently there's positive development with respect to new order.
(RITES: CO HAS EMERGED AS THE LOWEST BIDDER (L-1) FOR A USD 2.67 CR CONTRACT TO SUPPLY, TEST, AND COMMISSION 4 DIESEL MULTIPLE UNITS FOR TANZANIA
RITES | BUY Analysis: RITES shows strong uptrend potential with good technical
Entry: Can consider current price
Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
Rites Looking Very Strong :- Keep in Radar
✅The stock has been moving within an ascending triangle pattern, which indicates a potential bullish breakout. It recently tested the upper resistance trendline and showed a strong upward movement with significant volume, suggesting a breakout towards higher levels. The support level is maintained
RITES LTD - Swing Trade Analysis - 13th July #stocksRITES LTD (1W TF) - Swing Trade Analysis given on 13th July, 2024
Pattern: RECTANGLE BOX BREAKOUT
- Weekly Resistance Breakout - Done ✓
- Weekly Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
* Disclaimer
RITES | SWING BUYAnalysis: RITES shows strong uptrend potential with good technical
Entry: Consider current price
Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of RITES is 287.25 INR — it has increased by 15.69% in the past 24 hours. Watch RITES LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange RITES LIMITED stocks are traded under the ticker RITES.
RITES stock has risen by 36.30% compared to the previous week, the month change is a 23.95% rise, over the last year RITES LIMITED has showed a −13.87% decrease.
We've gathered analysts' opinions on RITES LIMITED future price: according to them, RITES price has a max estimate of 335.00 INR and a min estimate of 259.00 INR. Watch RITES chart and read a more detailed RITES LIMITED stock forecast: see what analysts think of RITES LIMITED and suggest that you do with its stocks.
RITES reached its all-time high on Feb 27, 2024 with the price of 413.10 INR, and its all-time low was 76.00 INR and was reached on Jul 2, 2018. View more price dynamics on RITES chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RITES stock is 17.89% volatile and has beta coefficient of 2.07. Track RITES LIMITED stock price on the chart and check out the list of the most volatile stocks — is RITES LIMITED there?
Today RITES LIMITED has the market capitalization of 138.05 B, it has increased by 4.74% over the last week.
Yes, you can track RITES LIMITED financials in yearly and quarterly reports right on TradingView.
RITES LIMITED is going to release the next earnings report on Aug 19, 2025. Keep track of upcoming events with our Earnings Calendar.
RITES net income for the last quarter is 1.33 B INR, while the quarter before that showed 1.00 B INR of net income which accounts for 32.59% change. Track more RITES LIMITED financial stats to get the full picture.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RITES LIMITED EBITDA is 5.15 B INR, and current EBITDA margin is 23.22%. See more stats in RITES LIMITED financial statements.
Like other stocks, RITES shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade RITES LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So RITES LIMITED technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RITES LIMITED stock shows the buy signal. See more of RITES LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.