RITES
Mid Cap BSE: 541556 NSE: RITES
₹323.9
22.1 (7.32%)
As on 30 September, 2022 | 02:13

Rites Share Price

Rites Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Start SIP in RITES

Start SIP

Rites Share Returns

  • Over 1 Month 8.62%
  • Over 3 Month 40.34%
  • Over 6 Month 28.12%
  • Over 1 Year 18.45%

Rites Key Statistics

P/E Ratio 13.4
PEG Ratio 0.4
Market Cap Cr 7,783
Price to Book Ratio 3
EPS 20.6
Dividend 5.9
Relative Strength Index 70.71
Money Flow Index 82.41
MACD Signal 6.15
Average True Range 11.26

Rites Investment Rating

  • Master Rating:
  • Rites has an operating revenue of Rs. 2,901.44 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 comfortably placed above its key moving averages, around 7% and 15% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 12% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 91 which is a GREAT score indicating consistency in earnings, a RS Rating of 73 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 39 indicates it belongs to a strong industry group of Comml Svcs-Outsourcing and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Rites Financials
IndicatorJun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 578744746734332619
Operating Expenses Qtr Cr 422557576536254447
Operating Profit Qtr Cr 15618717919878172
Depreciation Qtr Cr 132313121112
Interest Qtr Cr 112100
Tax Qtr Cr 445346552339
Net Profit Qtr Cr 12913013416370135

Rites Technicals

EMA & SMA

Current Price
323.9
22.1 (7.32%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 297.93
  • 50 Day
  • 284.19
  • 100 Day
  • 272.45
  • 200 Day
  • 262.41
  • 20 Day
  • 299.68
  • 50 Day
  • 281.74
  • 100 Day
  • 261.44
  • 200 Day
  • 262.07

Rites Resistance and Support

PIVOT
₹303.09
Resistance
First Resistance 308.02
Second Resistance 314.24
Third Resistance 319.17
RSI 70.71
MFI 82.41
MACD Single Line 6.15
MACD 6.64
Support
First Resistance 296.87
Second Resistance 291.94
Third Resistance 285.72

Rites Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 4,336,459 81,742,252 18.85
Week 1,256,973 35,999,718 28.64
1 Month 535,806 18,796,076 35.08
6 Month 335,852 16,352,651 48.69

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 7,783
Sales 2,811
Shares in Float 6.73
No of funds 66
Yield 5.87
Book Value 3.24
U/D Vol ratio 2.4
LTDebt / Equity
Alpha 0.09
Beta 0.53

Rites

Owner NameJun-22Mar-22Dec-21Sep-21
Promoters 72.2%72.2%72.2%
Mutual Funds 7.25%6.89%6.6%
Insurance Companies 9.72%8.87%8.78%
Foreign Portfolio Investors 1.48%1.45%1.3%
Financial Institutions/ Banks 0.28%1.11%1.29%
Individual Investors 6.59%6.86%7.12%
Others 2.48%2.62%2.71%

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

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Rites Corporate Action

Date Purpose Remarks
2022-07-28 Quarterly Results & Interim Dividend
2022-05-24 Audited Results & Final Dividend
2022-03-14 Interim Dividend
2022-02-08 Quarterly Results
2021-11-11 Quarterly Results & Interim Dividend
Date Purpose Remarks
2022-08-05 INTERIM Rs.4.00 per share(40%)First Interim Dividend
2022-03-25 INTERIM Rs.7.50 per share (75%) Third Interim Dividend
2021-11-25 INTERIM Rs.4.00 per share(40%)Interim Dividend
2021-08-21 INTERIM Rs.2.00 per share(20%)Interim Dividend
2021-03-20 INTERIM Rs.4.00 per share(40%)Interim Dividend

Rites MF Shareholding

Name Amount(cr)
HDFC Balanced Advantage Fund Growth 48055
HDFC Mid-Cap Opportunities Fund Growth 34227
Nippon India Small Cap Fund - Growth 21655
Nippon India Multi Cap Fund - Growth 13224
Nippon India Value Fund - Growth 4714

Rites FAQs

What is Share Price of Rites ?

Rites share price is ₹323 As on 30 September, 2022 | 01:59

What is the Market Cap of Rites ?

The Market Cap of Rites is ₹7783.4 Cr As on 30 September, 2022 | 01:59

What is the P/E ratio of Rites ?

The P/E ratio of Rites is 13.4 As on 30 September, 2022 | 01:59

What is the PB ratio of Rites ?

The PB ratio of Rites is 3 As on 30 September, 2022 | 01:59

Q1FY23