RITES: INVERSE H&S BREAKOUTThe Inverse Head and Shoulders pattern is a bullish reversal chart pattern that signals a potential trend reversal from bearish to bullish. It consists of three key components:
Structure of the Pattern:
Left Shoulder: A price decline followed by a temporary rally.
Head: A deeper decline forming the
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7.87 INR
4.55 B INR
24.45 B INR
133.59 M
About RITES LTD
Sector
CEO
Rahul Mithal
Website
Headquarters
Gurgaon
Founded
1974
ISIN
INE320J01015
FIGI
BBG000VFHZN0
RITES Ltd. engages in the provision of transport infrastructural services. It operates through the following segments: Consultancy Services; Leasing of Railway Rolling Stock and Equipments; Export of Rolling Stock, Equipments and Spares; and Turnkey Construction Projects. The company was founded in 1974 and is headquartered in Gurgaon, India.
RITES giving bamboo to investorsRITES pays dividends, stock split etc.....but it has given major bamboo to its investors after the major run up...The most likely reversal area is around 150-160....provided we see some price action there....I wouldn't have much hope unless the overall Indian market sentiment improves.. Why can't th
Rites BO after accumulationThe stock is showing a breakout (Bo) after accumulating at support levels.
This presents a favorable risk-reward ratio (R:R) for trading, especially with a small stop loss (SL).
Volumes are also shooting 'up.
It's worth noting that there’s a trendline that has been respected for a long time.
Breakou
RITES LTDAnalyst consensus provides a median price target of ₹325.50, representing a potential upside of about 16.52% from the current price.
TRENDLYNE
In terms of valuation metrics, the company has a Price-to-Earnings (P/E) ratio of 33.81, a Price-to-Sales (P/S) ratio of 6.51, and a Price-to-Book (P/B) ra
SWING IDEA - RITESRITES , a leading engineering consultancy company specializing in transport infrastructure, is showing technical signals that suggest a promising swing trading opportunity.
Reasons are listed below :
770-800 Resistance Zone : The 770-800 level has been tested multiple times and the price is now
Symmetrical triangle on RITESRITES formed a symmetrical triangle pattern on daily chart. With multiple support level tested, it is looking good. Also looking at the way the price has broken out of resistance with charging bulls, probability of price going up is higher. Stop loss can be held just below the breakout candle. Any s
See all ideas
Summarizing what the indicators are suggesting.
Neutral
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Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of RITES is 241.81 INR — it has increased by 0.47% in the past 24 hours. Watch RITES LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange RITES LTD stocks are traded under the ticker RITES.
RITES stock has risen by 5.13% compared to the previous week, the month change is a −0.49% fall, over the last year RITES LTD has showed a −27.50% decrease.
We've gathered analysts' opinions on RITES LTD future price: according to them, RITES price has a max estimate of 325.00 INR and a min estimate of 243.00 INR. Watch RITES chart and read a more detailed RITES LTD stock forecast: see what analysts think of RITES LTD and suggest that you do with its stocks.
RITES reached its all-time high on Feb 27, 2024 with the price of 412.98 INR, and its all-time low was 76.00 INR and was reached on Jul 2, 2018. View more price dynamics on RITES chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RITES stock is 3.38% volatile and has beta coefficient of 1.72. Track RITES LTD stock price on the chart and check out the list of the most volatile stocks — is RITES LTD there?
Today RITES LTD has the market capitalization of 115.56 B, it has increased by 4.75% over the last week.
Yes, you can track RITES LTD financials in yearly and quarterly reports right on TradingView.
RITES LTD is going to release the next earnings report on May 28, 2025. Keep track of upcoming events with our Earnings Calendar.
RITES earnings for the last quarter are 2.95 INR per share, whereas the estimation was 2.10 INR resulting in a 40.48% surprise. The estimated earnings for the next quarter are 2.40 INR per share. See more details about RITES LTD earnings.
RITES LTD revenue for the last quarter amounts to 5.76 B INR, despite the estimated figure of 6.32 B INR. In the next quarter, revenue is expected to reach 5.99 B INR.
RITES net income for the last quarter is 1.00 B INR, while the quarter before that showed 729.80 M INR of net income which accounts for 37.15% change. Track more RITES LTD financial stats to get the full picture.
RITES LTD dividend yield was 2.52% in 2023, and payout ratio reached 88.38%. The year before the numbers were 5.71% and 89.77% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 23, 2025, the company has 2.73 K employees. See our rating of the largest employees — is RITES LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. RITES LTD EBITDA is 5.05 B INR, and current EBITDA margin is 26.89%. See more stats in RITES LTD financial statements.
Like other stocks, RITES shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade RITES LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So RITES LTD technincal analysis shows the buy rating today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating RITES LTD stock shows the neutral signal. See more of RITES LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.