Rites
- Advice
- Hold
Rites Performance
Day Range
- Low
- High
52 Week Range
- Low
- High
- Open Price
- Previous Close
- Volume
Start SIP in Rites
Start SIPRites Investment Rating
-
Master Rating:
-
Rites has an operating revenue of Rs. 2,707.48 Cr. on a trailing 12-month basis. An annual revenue growth of 37% is outstanding, Pre-tax margin of 28% is great, ROE of 20% is exceptional. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 10% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 18% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 61 which is a FAIR score but needs to improve its earnings, a RS Rating of 81 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 41 indicates it belongs to a fair industry group of Comml Svcs-Outsourcing and a Master Score of B is close to being the best. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|
| Oper Rev Qtr Cr | 651 | 632 | 578 | 744 |
| Operating Expenses Qtr Cr | 480 | 474 | 422 | 557 |
| Operating Profit Qtr Cr | 171 | 158 | 156 | 187 |
| Depreciation Qtr Cr | 17 | 15 | 13 | 23 |
| Interest Qtr Cr | 2 | 1 | 1 | 1 |
| Tax Qtr Cr | 46 | 42 | 44 | 53 |
| Net Profit Qtr Cr | 132 | 131 | 129 | 130 |
Rites Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- 345.89
- 50 Day
- 342.77
- 100 Day
- 339.31
- 200 Day
- 324.2
- 20 Day
- 342.73
- 50 Day
- 338.58
- 100 Day
- 352.22
- 200 Day
- 317.25
Rites Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 354.84 |
| Second Resistance | 359.22 |
| Third Resistance | 362.64 |
| RSI | 55.38 |
| MFI | 82.65 |
| MACD Single Line | 3.72 |
| MACD | 4.32 |
| Support | |
|---|---|
| First Resistance | 347.04 |
| Second Resistance | 343.62 |
| Third Resistance | 339.24 |
Rites Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 388,274 | 11,391,959 | 29.34 |
| Week | 312,613 | 9,712,880 | 31.07 |
| 1 Month | 561,662 | 15,524,338 | 27.64 |
| 6 Month | 1,152,196 | 29,404,031 | 25.52 |
Rites Result Highlights
Rites Synopsis
NSE-Comml Svcs-Outsourcing
Rites Ltd. is involved in the business activities of Architectural and engineering activities and related technical consultancy. Company’s Total Operating Revenue is Rs. 2575.16 Cr. and Equity Capital is Rs. 240.30 Cr. for the Year ended 31/03/2022. Rites Ltd. is a Public Limited Listed company incorporated on 26/04/1974 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1974GOI007227 and registration number is 007227.| Market Cap | 8,504 |
| Sales | 2,605 |
| Shares in Float | 6.73 |
| No of funds | 126 |
| Yield | 5.14 |
| Book Value | 3.53 |
| U/D Vol ratio | 1.8 |
| LTDebt / Equity | |
| Alpha | 0.15 |
| Beta | 0.64 |
Rites
| Owner Name | Dec-22 | Sep-22 | Jun-22 | Mar-22 |
|---|---|---|---|---|
| Promoters | 72.2% | 72.2% | 72.2% | |
| Mutual Funds | 6.42% | 7.68% | 7.25% | |
| Insurance Companies | 9.36% | 9.64% | 9.72% | |
| Foreign Portfolio Investors | 2.61% | 2.35% | 1.48% | |
| Financial Institutions/ Banks | 0.25% | 0.28% | ||
| Individual Investors | 6.99% | 5.57% | 6.59% | |
| Others | 2.42% | 2.31% | 2.48% |
Rites Management
| Name | Designation |
|---|---|
| Mr. Rahul Mithal | Chairman & Managing Director |
| Mr. Anil Vij | Director - Technical |
| Mr. Bibhu Prasad Nayak | Director - Finance & CFO |
| Mr. Vinay Srivastava | Director |
| Mr. Gopi Suresh Kumar Varadarajan | Director - Projects |
| Mr. Sandeep Jain | Director |
| Mr. R K Mangla | Director |
| Mr. Godawari Mishra | Director |
| Mr. Laxman Tammanna Tapashi | Director |
| Mr. Dineshananda Goswam | Director |
| Mr. Likha Togu | Director |
Rites Forecast
Price Estimates
Rites FAQs
What is Share Price of Rites ?
Rites share price is ₹353 As on 22 March, 2023 | 01:53
What is the Market Cap of Rites ?
The Market Cap of Rites is ₹8504.3 Cr As on 22 March, 2023 | 01:53
What is the P/E ratio of Rites ?
The P/E ratio of Rites is 15.6 As on 22 March, 2023 | 01:53
What is the PB ratio of Rites ?
The PB ratio of Rites is 3.3 As on 22 March, 2023 | 01:53