niftify.in

CNBC TV18

Bonus, Dividend, Stock Split Alert: Last chance to buy RITES for bonus shares, Mazagon Dock for dividend

Shares like RITES, Mazagon Dock, MCX will be executing their respective corporate actions this week ranging from bonus shares to dividends. Read this list to know more.

The Economic Times

MCX, Rites among over 200 stocks to remain in focus next week for dividend, bonus, split. Do you own any?

Several companies, including MCX, Rites, and Texmaco Rail, have upcoming record dates for various corporate actions like dividends, bonus issues, rights issues, and stock splits. Shareholders must hold shares in their demat accounts on the record date to be eligible.

The Economic Times

Our focus is on being a future ready company, says RITES CMD

RITES Ltd, under the Railway Ministry, is focusing on being future-ready with IT and AI initiatives. At its 50th AGM, shareholders approved key resolutions including a bonus equity share and a final dividend. The company achieved consolidated revenue of Rs 2,539 crore in FY24, with significant growth in consultancy and turnkey segments.

Business Standard

Our focus is on being a future ready company, says Rites CMD Mithal

RITES Ltd, an infrastructure, consultancy and engineering firm under the Railway Ministry, has focussed on being a future ready firm with several initiatives centred around information technology and artificial intelligence, Rahul Mithal, the Chairman and Managing Director of the company said in a press statement. According to the statement, in the 50th Annual General Meeting (AGM) of the company held on September 12, Mithal said that over the past five decades, RITES has grown from humble beginnings to being granted the prestigious Navratna status this financial year, committed to delivering consistent results and creating value for stakeholders. With our focus on being 'Future Ready', RITES has vigorously pursued its #ITReady, #SkillReady, and #AIReady initiatives, Mithal added. During the AGM, the shareholders approved resolutions such as the adoption of Audited Financial Statements of the company, 1:1 Bonus Equity Share for shareholders and Rs 5/share as a final dividend for ...

Business Line

RITES emerges as lowest bidder for Uttar Pradesh infrastructure project

The project involves supervision, monitoring, quality control, and work zone safety for the construction of bridges, rail over/under bridges, flyovers, and elevated roads across several districts in Uttar Pradesh

CNBC TV18

RITES emerges lowest bidder for ₹60-crore order from UP State Bridge Corporation

RITES shares have corrected nearly 20% from their record high levels.

Business Standard

Rites inks MoU with NBCC

The civil construction company announced that it has signed a memorandum of understanding (MoU) with NBCC (India) for consultancy work.

CNBC TV18

RITES slapped with ₹38.3 crore tax demand by Gujarat authorities

In an exchange filing, the company said the breakdown of the demand includes ₹19.3 crore in tax, ₹17.1 crore in interest, and ₹1.93 crore in penalties, covering the period from April 2019 to March 2020.

The Economic Times

RITES shares rally 3% after emerging L1 bidder for Tanzania Railways Corporation

Shares of state-owned RITES rose nearly 3% today, peaking at Rs 666.35, following its announcement as the lowest bidder for a $26.74 million project with Tanzania Railways Corporation. The project includes the supply, testing, and commissioning of four Diesel Multiple Units (DMUs) for MGR.

Business Line

Stocks that will see action today: August 6, 2024

Buzzing stocks: MTNL, Lupin, RITES, Hudco, Sandhar Tech, Power Mech Projects, New India Assurance, VA Tech Wabag