India's RITES gains on new order worth 253 million rupees

Rites

01/09/2025 06:38

** Shares of state-run engineering and consulting co RITES RITS.NS rise 3.3% to 251.9 rupees, their biggest intraday pct-gain since early July

** Co wins maintenance contract from NTPC NTPC.NS worth 253 million rupees ($2.9 million)

** Stock, however, down 13.6% YTD

($1 = 87.5060 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))