RITES Ltd receives LoA from Cochin International Airport Ltd

RITES has received Letter of Award from "Cochin International Airport Limited" for "Construction of Regulator cum Bridge (RCB) across Chengalthodu at Chengal, Kanjoor Panchayath near Cochin International Airport Limited on turnkey basis from concept to commissioning (cost plus fee basis)."

The Estimated Project cost is Rs. 52.00 crore exclusive of GST (including PMC Fees).

Shares of RITES Limited was last trading in BSE at Rs. 249.15 as compared to the previous close of Rs. 247.30. The total number of shares traded during the day was 40147 in over 984 trades.

The stock hit an intraday high of Rs. 251.00 and intraday low of 246.10. The net turnover during the day was Rs. 9997013.00.

Source : Equity Bulls

Keywords

RITES INE320J01015 LoA CochinInternationalAirport