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Prime Minister Modi Virtually Inaugurates Kollam Station Redevelopment Project

Prime Minister Modi Virtually Inaugurates Kollam Station Redevelopment Project
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RITES shares rise 4% as firm wins new order worth Rs 361 crore

Shares of RITES Ltd rose over 4 per cent amid a weak market today after the arm of Indian Railways won a new business order with a JV Partner, worth Rs 361.18 crore. The order relates to the redevelopment of the Kollam railway station from Southern Railways. RITES Ltd stock opened higher at Rs 289.65 against the previous close of Rs 289.65 on BSE. Later, shares of RITES gained 4.52 per cent intraday to Rs 302.75. The share has risen 7.47 per cent in the last three sessions. The stock has gained 13.8 per cent this year and risen 13.11 per cent in one year.

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