Browsing tag: Indian Railways

RITES Limited IPO – Analysis, Update

13th October 2022

Update “Secures New Order”   Rail India Technical and Economic Service Limited (RITES Ltd) - a wholly owned subsidiary of the Indian Railways, today in its regulatory filing has said that the company has secured a new business order for “Construction of Depot cum Workshop” worth of INR 499.41 Cr from Bangalore Metro Rail Corporation Limited (BMRCL) The share of RITES Limited in the order is 51%. RITES LTD is currently trading at INR 372 (UP 8%) with a volume of 38,65,458 shares on the

By Vishal Dalwadi
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IRCTC Limited IPO – Company Profile, Price, Analysis, Update

14th October 2019

Update: IRCTC Listing IRCTC made a blockbuster debut on Monday, closing 127 percent higher from its issue price. The IPO doubled investors' money in a single day. On October 14, 2019, the stock was listed at INR 644 on the Bombay Stock Exchange, a 101.25 percent higher over its issue price of INR 320 per share. The share gained as much as 132 percent to hit an intraday high of INR 743.80 while the day's low was INR 625. IRCTC is a Mini-Ratna Category-I Public Sector Enterprise and a

By Vishal Dalwadi
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