RITES (India) Today

RITES Stock   281.25  3.55  1.25%   

Performance

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Odds Of Distress

Less than 9

 
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RITES is selling at 281.25 as of the 3rd of December 2024; that is 1.25 percent decrease since the beginning of the trading day. The stock's open price was 284.8. RITES has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days.RITES has reported 1 for 2 split on 20th of September 2024. Equity ratings for RITES Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2024 and ending today, the 3rd of December 2024. Click here to learn more.
Business Domain
Capital Goods
Category
Industrials
RITES is entity of India. It is traded as Stock on NSE exchange. The company has 480.6 M outstanding shares. More on RITES Limited

Moving together with RITES Stock

  0.81LICI Life InsurancePairCorr
  0.89RELIANCE Reliance Industries SplitPairCorr

Moving against RITES Stock

  0.46SBIN State BankPairCorr

RITES Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. RITES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RITES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
MD, ChairmanRahul Mithal
Business ConcentrationConstruction & Engineering, Engineering & Construction, Industrials, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors)
RITES's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to RITES's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
RITES can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand RITES's financial leverage. It provides some insight into what part of RITES's total assets is financed by creditors.
Liquidity
RITES cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. RITES Limited has accumulated 80 M in total debt. Debt can assist RITES until it has trouble settling it off, either with new capital or with free cash flow. So, RITES's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like RITES Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for RITES to invest in growth at high rates of return. When we think about RITES's use of debt, we should always consider it together with cash and equity.

Depreciation

459.94 Million
RITES Limited (RITES) is traded on National Stock Exchange of India in India and employs 1,809 people. RITES is listed under Construction & Engineering category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 138.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate RITES's market, we take the total number of its shares issued and multiply it by RITES's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. RITES Limited operates under Construction & Engineering sector and is part of Industrials industry. The entity has 480.6 M outstanding shares. RITES Limited has accumulated about 18.24 B in cash with 4.32 B of positive cash flow from operations.
Check RITES Probability Of Bankruptcy
Ownership Allocation
RITES owns a total of 480.6 Million outstanding shares. RITES holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 72.2 pct. of RITES Limited outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check RITES Ownership Details

RITES Limited Risk Profiles

Although RITES's alpha and beta are two of the key measurements used to evaluate RITES's performance over the market, the standard measures of volatility play an important role as well.

RITES Stock Against Markets

Be your own money manager

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RITES Corporate Directors

Deepak TripathiDirector DirectorProfile
Anil VijDirector DirectorProfile
Krishna AgarwalDirector DirectorProfile
Bibhu NayakDirector CFOProfile

Other Information on Investing in RITES Stock

RITES financial ratios help investors to determine whether RITES Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RITES with respect to the benefits of owning RITES security.