India's RITES gains on 3 bln-rupee order win

Rites

16/12/2024 04:21

** Engineering and consultancy firm RITES  RITS.NS  rises
2.6% to 304.25 rupees; set to snap two sessions of losses
    ** Co gets order worth 2.98 bln rupees ($35 mln) from
government of India for project implementation services to
construct integrated check post
    ** RITS up ~21% YTD

($1 = 84.8120 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))