Rites Share Price Target : Are you thinking of investing in Rites shares? Want to know its future price target? In this guide, we will discuss Rites share price target for the year 2024, 2025, 2026, 2030. Along with this, we will do a complete fundamental analysis to help you make the right decision.
We are a wholly owned Government Company, a Mini ratna (Category –I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India and the only company having diversified services and geographical reach in this field under one roof.
Based on Public Enterprise Survey 2015-2016, our Company is ranked no. 1 based on net profit and dividend declared in Industrial Development and Technical Consultancy Services sector. We have an experience spanning 43 years and have undertaken projects in over 55 countries including Asia, Africa, Latin America, South America and Middle East regions.
Rites are the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia). We are a multidisciplinary engineering and consultancy organization providing diversified and comprehensive array of services from concept to commissioning in all facets of transport infrastructure and related technologies.
We have significant presence as a transport infrastructure consultancy organization in the railway sector. However, we also provide consultancy services across other infrastructure and energy market sectors including urban transport, roads and highways, ports, inland waterways, airports, institutional buildings, ropeways, power procurement and renewable energy.
We have, over the years, served various public sector undertakings, government agencies and instrumentalities and large private sector corporations, both in India and abroad.
| Fundamentals | Rites |
|---|---|
| Market Cap | ₹14,190 Cr |
| 52 Week High | 412.98 |
| 52 Week Low | 246.70 |
| NSE Symbol | RITES |
| ROE | 15.42% |
| P/E Ratio | 35.62 |
| EPS | 8.29 |
| P/B Ratio | 5.49 |
| Dividend Yield | 3.05% |
| Industry P/E | 36.38 |
| Book Value | 53.75 |
| Debt to Equity | 0.00 |
| Stock Face Value | 10 |
Rites Shareholding Pattern
| Promoters | 72.20% |
|---|---|
| Retail & Others | 14.97% |
| DII | 6.81% |
| FII | 3.19% |
| Mutual Funds | 2.83% |
The Rites Financial Reports
| Sector | Year (2024) |
|---|---|
| Revenue | 2,453 Cr. |
| Expense | 1,792 Cr. |
| Profit Before Tax | 670 Cr. |
| Net Profit | 495 Cr. |
Rites Share Price Target 2025
The share price of RITES may Ups & Down. According to our analysis levels, the minimum price of RITES share in 2025 can be ₹300 and the maximum price can be ₹400.
| Month Wise (Year 2025) | Target Price |
|---|---|
| January | ₹300 |
| February | ₹318 |
| March | ₹334 |
| April | ₹351 |
| May | ₹323 |
| June | ₹296 |
| July | ₹276 |
| August | ₹302 |
| September | ₹330 |
| October | ₹355 |
| November | ₹382 |
| December | ₹400 |
Also Read: JBM Auto Share Price Target 2024, 2025, 2026, 2030 to 2050
Rites Share Price Target 2026
The share price of RITES may Ups & Down. According to our analysis levels, the minimum price of RITES share in 2026 can be ₹410 and the maximum price can be ₹531.
| Month Wise (Year 2026) | Target Price |
|---|---|
| January | ₹410 |
| December | ₹531 |
Also Read: HDFC Life Share Price Target 2024, 2025, 2026, 2030 to 2050
Rites Share Price Target 2030
The share price of RITES may Ups & Down. According to our analysis levels, the minimum price of RITES share in 2030 can be ₹818 and the maximum price can be ₹1,052.
| Month Wise (Year 2030) | Target Price |
|---|---|
| January | ₹818 |
| December | ₹1052 |
Also Read: Shree Renuka Sugar Share Price Target 2024, 2025, 2030 to 2050
Rites Share Price Target 2040
The share price of RITES may Ups & Down. According to our analysis levels, the minimum price of RITES share in 2040 can be ₹1,600 and the maximum price can be ₹1,800.
| Month Wise (Year 2040) | Target Price |
|---|---|
| January | ₹1600 |
| December | ₹1800 |
Also Read: Vodafone Idea Share Price Target 2024, 2025, 2026, 2030 to 2050
Rites Share Price Target 2050
The share price of RITES may Ups & Down. According to our analysis levels, the minimum price of RITES share in 2050 can be ₹2,450 and the maximum price can be ₹3,000.
| Month Wise (Year 2050) | Target Price |
|---|---|
| January | ₹2450 |
| December | ₹3000 |
Also Read: Tata Steel Share Price Target 2024, 2025, 2026, 2030 to 2050
Competative Strengths
- Comprehensive range of consultancy services and a diversified sector portfolio in the transport infrastructure space.
- Large order book with strong and diversified clientele base across sectors.
- Technical expertise and business divisions with specialized domain knowledge.
- Experienced management personnel and technically qualified team.
- Strong and consistent financial performance supported by robust internal control and risk management system.
- Preferred consultancy organization of the Government of India including the Indian Railways.
How To Buy RITES Share?
To buy RITES shares, you can easily buy shares of RITES by using the trading platform of many stock brokers.
The names of most trading platforms for buying RITES shares are given below.
- Groww App
- Phonepe. Share Market App
- Angel One App
- Dhan App
- Upstox App
- Zerodha App
Disclaimer :- The above article is for informational purposes only, and should not be construed as any investment advice. Money Mint idea suggests its readers/viewers to consult their financial advisors before making any money-related decisions.
