RITES Limited is an Indian public sector undertaking which operates under the Ministry of Railways, Government of India. Incorporated in April 1974, it is designated as a Navratna Central Public Sector Enterprise. From Wikipedia
RITES shares jumped over 6% on Wednesday on news of a Rs 37.81 crore Tumakuru Station contract alongside a $3.6 million purchase order for overhauled ALCO locomotives destined for Zimbabwe, Mozambique, Botswana.
