RITES Ltd has signed the contract for supply of two additional fully air-conditioned Diesel Multiple Unit train sets, for USD 22.4 million (INR 160 crore) with the Ministry of Transport and Civil Aviation, Government of Sri Lanka, on 17th September, 2019.
RITES has just completed supply of six sets of DMU coaches to Sri Lanka with State-of-the-art features and amenities, under a previous contract. The supply under the new contract will be done in FY 2020-21.
Shares of RITES Ltd was last trading in BSE at Rs.235 as compared to the previous close of Rs. 234.05. The total number of shares traded during the day was 4420 in over 319 trades.
The stock hit an intraday high of Rs. 237.3 and intraday low of 234.8. The net turnover during the day was Rs. 1040846.